Further Bank of Japan Hikes Are Expected, But Not Imminent
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ING Economic and Financial Analysis4.97K FollowersFollow5ShareSavePlay(9min)CommentsSummaryThe Bank of Japan opted for a widely expected 25bp hike and kept the door to future hikes open, though Governor Kazuo Ueda's comments were rather neutral on forward guidance.The November CPI matched market expectations, with persistent inflation pressures intact.We expect a further 25bp hike by the BoJ, though only in next year's second half. winhorse/iStock Unreleased via Getty Images By Min Joo Kang, Senior Economist, South Korea and Japan and Chris Turner, Global Head of Markets and Regional Head of Research for UK & CEE The Bank of Japan's increased confidence in achievingThis article was written byING Economic and Financial Analysis4.97K FollowersFollowFrom Trump to trade, FX to Brexit, ING’s global economists have it covered. Go to ING.com/THINK to stay a step ahead. We’re sorry we can’t reply to individuals' comments.Content disclaimer: The information in the publication is not an investment recommendation and it is not investment, legal or tax advice or an offer or solicitation to purchase or sell any financial instrument.This publication has been prepared by ING solely for information purposes without regard to any particular user's investment objectives, financial situation, or means. For our full disclaimer please click here.