BoJ Rate Hike May Move Closer: Analysis & Outlook ...Middle East

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BoJ Rate Hike May Move Closer: Analysis & Outlook
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There is some firming up of pricing for a May Bank of Japan rate hike. Previously July was the hot meeting, but May has moved into contention.

Scanning various pieces thereasoning includes:

    BoJ rate hike last week was more hawkish than many expectedUeda cited uncertainties that might slow future interest rate hikes, these factors seem to be weakening quicklyTrump's policy comments suggest more bluster than substancepolitical opposition to further rate hikes is diminishing - consumer inflation elevated, weak yen is inflationaryMarch appears be too soon for another hike but May is in contention This article was written by Eamonn Sheridan at www.forexlive.com.

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