BOJ WILL RAISE INTEREST RATES TO 1.5% UNDER UEDA

The Bank of Japan will likely raise interest rates three more times to 1.5% during Governor Kazuo Ueda's remaining term through early 2028.

The first hike to 1.0% could come around June or July next year depending on the strength of the U.S. economy, as well as domestic wage and price developments.

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