Barclays: Bank of Japan expected to raise interest rates at a pace of once every six months

On February 20th, the Central Bank of Japan’s policy board member Takada Satoshi made a relatively hawkish statement, expressing support for a gradual interest rate hike. Barclays expects the Central Bank of Japan to raise interest rates at a pace of once every six months, but also warns that the timing of the rate hike may be advanced, depending on how the Trump administration views the depreciation of the yen.