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Alert
BofA Forecasts BOJ Rate Hike to 0.75% in December with Biannual Increases
12/05/2025, 03:58
12/05/2025, 04:00
AI SUMMARY
●Bank of America predicts a Bank of Japan rate hike to 0.75% in December.
●The forecast anticipates a cycle of further rate increases every six months.
●Strong corporate earnings and wage negotiations are cited as key drivers.
Bank of America has issued a forecast predicting the Bank of Japan will raise interest rates to 0.75% in December. The bank's outlook suggests a path of continued tightening, with additional rate hikes expected to occur approximately every six months following the December move.
Economists attribute this projection to favorable economic indicators, specifically highlighting robust corporate earnings and wage negotiations. These factors are believed to have strengthened the central bank's confidence in proceeding with rate increases.