Bank of Japan rate hike a ‘done deal’ given inflation and weak yen ^74.3%

The Japan Times - By Kazuaki Nagata - 6/11/2026, 6:13 AM

Biased Writer Voice 46.2% - Pessimism Bias 32.3% - Confirmation Bias 22.6%

The Bank of Japan is expected to raise its key interest rate to a 30-year high on Tuesday, with a wait-and-see approach giving way to a certain sense of urgency. “I’d say a rate hike is pretty much a done deal,” said Tsuyoshi Ueno, executive research fellow at NLI Research Institute. Inflation and a weak yen are pushing the central bank... more