Global Economy And Finance Weekly Watch

Mizuho's weekly analysis anticipates a BOJ rate hike to 1.0% at the June meeting, driven by robust economic data and hawkish signals from Governor Ueda.

Key Takeaways

• 1.The BOJ is expected to raise interest rates, with the June policy meeting considered the most likely timing for a hike to 1.0%.
• 2.Governor Ueda's recent communication is characterized as hawkish, signaling an intent to address upside risks to inflation.
• 3.Macro forecasts indicate continued Japanese economic growth around potential, though rising energy costs from Middle East tensions pose risks.

Table of Contents

• Review of key indicators and events
• Economic indicators
• BOJ-related events
• Economic outlook (as of 8 June)
• Important Disclosure Information
• Analyst Certification
• Disclaimer