In its assessment of the Japanese economy and its monetary policy, S&P Global noted that “policy interest rates in Japan will rise from 2024.”
Additional takeaways
“Japan is robust enough for rising Yen rates.”
“We expect a gradual increase in Japan’s policy interest rates.“
Market reaction
USD/JPY was last seen almost unchanged on the day at 149.75.
Source: https://www.fxstreet.com/news/sp-policy-interest-rates-in-japan-will-rise-from-2024-202310130700