BOJ Likely to Keep Hiking Rates Every Quarter, Ex-Official Says

The Bank of Japan is expected to continue increasing interest rates quarterly to manage the risk of inflation straying from its target, as suggested by a former executive director who was instrumental in monetary policy. This move underscores the BOJ's commitment to maintaining economic stability amid potential inflationary pressures. While this strategy could bolster economic growth, it also carries the risk of stifling consumer spending and business investment if rates rise too quickly. For a deeper dive, check out the full article on Bloomberg.