WASHINGTON : The Bank of Japan is expected to hike interest rates twice in 2025 and twice more in 2026, International Monetary Fund chief economist Pierre-Olivier Gourinchas said on Friday.In its latest World Economic Outlook, the IMF forecast that Japan's ec…
IMF expects more Bank of Japan interest rate hikes in 2025 and 2026
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Jan-19
Economy
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The International Monetary Fund, led by Chief Economist Pierre-Olivier Gourinchas, has outlined a forward-thinking economic strategy for Japan, foreseeing key interest rate hikes in 2025 and 2026. This move, aimed at stabilizing the Japanese economy and promoting sustainable growth, underscores the necessity for equitable financial policies in an increasingly unequal global economy. The IMF's recent World Economic Outlook highlights the urgency of addressing economic disparities and advancing social welfare through strategic interest rate adjustments.