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globalreutersAugust 11, 20241 Mins read
Former BOJ board member Sakurai says Bank of Japan will not be able to hike again in 2024
globalreutersAugust 11, 20241 Mins read Makoto Sakurai is a former Bank of Japan monetary board member.
- says the Bank of Japan will not be able to hike again in 2024
- predicts a rate hike by March 2025
Sakurai cites:
- market turmoil
- the low likelihood of a rapid economic recovery
If he is right it’ll be a positive for calming markets and the Nikkei.
ps. Today is a market holiday in Japan – closed on Monday, August 12, 2024
This article was written by Eamonn Sheridan at www.forexlive.com.
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