Bloomberg says Bank of Japan likely to hike rates next week

Bloomberg with the report saying Bank of Japan officials see a good chance of an interest rate hike next week.

• likely to hike rates at next weeks meeting (23 and 24 January)
• likelihood the rate will be raised from 0.25%
• unless there is a ‘major rout in markets’ following Trump’s swearing in.

Bloomberg say the info comes from people familiar with the matter.

***

USD/JPY is down on the day already. Circa 155.60 as I post after lows around 155.23.

This article was written by Eamonn Sheridan at www.forexlive.com.