Bank of Japan meeting results hawkish tendencies, may raise interest rates again in October

According to Kim So data, Hirofumi Suzuki, an analyst at Sumitomo Mitsui Bank in Japan, said that although the market expects the Bank of Japan to remain unchanged, the launch of the ETF sales plan and the two committee members support a 25 basis point interest rate hike, showing a hawkish tendency. Before incidents such as the Liberal Democratic Party leadership election, the Bank of Japan still sent out signals of policy normalization, and is expected to raise interest rates again in October.