Former Bank of Japan Exec Director says Bank of Japan unlikely to raise rates this month ...Middle East

Hideo Hayakawa is a former Bank of Japan Executive Director and now a Senior Fellow at the Tokyo Foundation for Policy Research.He spoke in an interview with Bloomberg, saying “I don't think there's a chance of a rate hike in July”:The Bank of Japan is unlikely to raise interest rates this month Will instead cut its bond buying a little more than expected to avoid any fueling of yen weaknessBloomberg is gated. This article was written by Eamonn Sheridan at www.forexlive.com.

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