Former BOJ Executive Maeda Expects Next Rate Hike in December

Former Bank of Japan executive director Eiji Maeda expects the central bank’s next rate hike in December, with another move in March or April, according to comments reported by BlockBeats and attributed to Kinju.

Maeda’s expected timetable

Maeda said the pace of tightening has accelerated to about one hike every three months and that he considers the cadence appropriate. He did not specify a hike size or exact meeting dates.

Personal outlook, not a BOJ decision

The December and March-or-April timing is Maeda’s expectation as reported in the flash, not an announced Bank of Japan policy decision. Readers should distinguish the former official’s view from formal central-bank guidance.

Read the original BlockBeats flash.