ANZ logo
ANZ

June 9, 2026

Bank of Japan to Hike in June and Q4

Macro ThematicRates Govt BondsFXEnergy

ANZ Research forecasts the Bank of Japan will hike interest rates by 25bp in June and again in Q4 2026, bringing the policy rate to 1.25%. This move is intended to anchor inflation expectations and address core inflation levels persistently above 2%.

Key Takeaways

  • 1.The Bank of Japan is expected to raise interest rates by 25bp on June 16, 2026, reaching 1.0%.
  • 2.An additional 25bp rate hike is forecast for Q4 2026, bringing the policy rate to 1.25%.
  • 3.The BoJ's tightening bias is seen as a strategic effort to maintain price stability and anchor inflation expectations.

Table of Contents

  • Bank of Japan to hike in June and Q4
  • Conclusion

Document Preview

Page 1 of 1
Page 1 of Bank of Japan to Hike in June and Q4
Subscribe for full access

Access the Full Report

Get unlimited access to institutional research reports with a 14-day free trial.

Authors

Brian Martin

Themes

Monetary Policy NormalizationInflation ManagementFX Intervention Credibility

Regions

Asia PacificJapan