Bank of America: The Bank of Japan will raise interest rates to 0.75% in December, followed by increases every six months.

BlockBeats news, on December 5, Bank of America economist Takayasu Kudo wrote in a report that after the Bank of Japan raises the target rate from 0.5% to 0.75% at its meeting on December 18 to 19, it is expected to continue to raise the policy rate every six months.

He stated: "Based on recent corporate profits, wage negotiations, the depreciation of the yen in the foreign exchange market, and dialogue with the government, the Bank of Japan is increasingly convinced that it can raise interest rates at the upcoming meeting in December."

This economist predicts that the Bank of Japan will raise interest rates in June 2026, followed by further increases in January and July 2027. (Jinshi)