Global Economy and Finance Weekly Watch

Mizuho’s Macro Weekly outlines a gradual BOJ rate hike path to 1.5% by mid-2027, supported by strong Tankan business sentiment, while tempering inflation concerns following the US-Iran framework agreement.

Key Takeaways

• 1.The BOJ is expected to raise the policy rate to 1.25% by December 2026 and 1.50% by June 2027.
• 2.June BOJ Tankan survey showed strong sentiment, with large manufacturers' DI at +22 and large nonmanufacturers at +37, the highest since 1991.

Table of Contents

• Review of key indicators and events
• Economic indicators
• BOJ-related events
• Economic outlook (as of 6 July)
• Comments on real GDP outlook
• Comments on CPI outlook
• Comments on domestic rates outlook
• Important Disclosure Information
• Analyst Certification
• Disclaimer

Document Preview

Page 1 of 5

Subscribe for full accessStart Free Trial