How do you view the recent "hawkish" stance of the Bank of Japan executives? Goldman Sachs: The next interest rate hike may still have to wait until January next year.
Goldman Sachs believes that when evaluating the timing of interest rate hikes, it is important to consider financial market stability and inflation trends. The bank predicts that January next year will be the best time to determine whether Japan's inflation will rebound, and based on this, determine that Japan will raise interest rates in January. However, if there is significant turmoil in the financial markets, the timing of the rate hike may become uncertain.
After the hawkish remarks of central bank officials, hedge funds are betting on further appreciation of the yen.
Hedge funds are increasing their call bets on the yen in the options market, expecting the yen to continue its upward trend this quarter.
Japan's Industrial Production Posts 3.1% Monthly Gain in July
Unfazed by the comeback of "Black Monday"? More than half of economists predict that the Bank of Japan will raise interest rates again in December.
①A media survey shows that slightly more than half of the observers from the Bank of Japan believe that the next interest rate hike will be in December; ②The survey results indicate that the majority of analysts believe that the market turbulence in the days following the Bank of Japan's interest rate hike on July 31st is not sufficient to panic authorities into abandoning the path of rate normalization.
Is the Bank of Japan more "hawkish" than expected? Important officials speak out: may need to accelerate interest rate hikes!
On Thursday, Bank of Japan Policy Board member Naoki Tamura sent a strong hawkish signal to the outside world: the extent to which the Bank of Japan will raise interest rates in the future may be greater than what many economists expect; Taking into account Tamura's past words and actions, many of his words can serve as leading indicators for the Bank of Japan's policy direction.
Nikkei Rebounds From Week-Long Slide As BOJ Policymaker Calls for Rate Hike