Bank of Japan may raise rates as soon as June (opinion from ex-BOJ chief economist)

Former Bank of Japan chief economist Sekine in a Bloomberg report. In brief:

• BOJ may raise its rates as many as three more times this year
• Next move potentially coming in June
• Sekine citing how much room there is to adjust its “excessively” easy settings

more to come

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Toshitaka Sekine is a Professor in the Asian Public Policy Program at Hitotsubashi University.

• prior to taking up the current position, he spent 33 years as an economist at the Bank of Japan, the BIS and the IMF
• was the Director-General of the Research and Statistics Department, equivalent to the “Chief Economist” of the Bank of Japan from 2015 until 2019