J.P. Morgan economist Ayako Fujita said in a report that the Bank of Japan may continue to raise interest rates to ease concerns about the weak yen. Bank of Japan Governor Kazuo Ueda said at a press conference on Friday that some committee members expressed concern about the impact of the depreciation of the yen on future inflation. Many reporters questioned whether the continued depreciation of the yen was due to the Bank of Japan delaying policy adjustments. J.P. Morgan expects the Bank of Japan to raise interest rates twice next year, in April and October, respectively. The policy interest rate will reach 1.25% by the end of 2026.

J.P. Morgan economist Ayako Fujita said in a report that the Bank of Japan may continue to raise interest rates to ease concerns about the weak yen. Bank of Japan Governor Kazuo Ueda said at a press conference on Friday that some committee members expressed concern about the impact of the depreciation of the yen on future inflation. Many reporters questioned whether the continued depreciation of the yen was due to the Bank of Japan delaying policy adjustments. J.P. Morgan expects the Bank of Japan to raise interest rates twice next year, in April and October, respectively. The policy interest rate will reach 1.25% by the end of 2026.