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bank of japan expected to gradually raise interest rates amid wage growth

The Bank of Japan is expected to gradually increase interest rates, supported by a projected rise in wages to 3.0% this year, up from 2.8% in 2024. Goldman Sachs anticipates that if wage growth aligns with these estimates, the BOJ will likely raise rates to 0.75% by July, maintaining a steady pace of hikes thereafter.
MarketScreener
Japanese Yen The Goldman Sachs Group, Inc. Bank of Japan JPN Akira Otani Leika Kihara
Finance & Economy, News Article
10:49 18.03.2025
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