Japanese Central Bank observers: still believe that the Japanese Central Bank will gradually raise interest rates

ChainCatcher message, according to Jinshi's report, the latest survey by institutions shows that observers from the Central Bank of Japan still expect the pace of interest rate hikes to be gradual, although they believe that the interest rate will rise to a higher level in the current cycle. A survey showed that all 52 analysts expected no policy changes at the March 19 meeting. July remains the best choice for the next rate hike, with 48% of respondents expecting an increase in July, lower than the previous survey's 56%. 76% of respondents expect the Bank of Japan to maintain its pace of raising rates approximately every six months, with the next rate hike expected between June and September. Meanwhile, the minority of respondents expecting the Central Bank to hike rates earlier has slightly increased, with 13% of respondents expecting the next rate hike on May 1, up from 4% in the previous survey.