0241 GMT - The Bank of Japan is likely to conduct later and fewer rate increases, two economists of Nomura's Global Markets Research say in an email. Nomura revises its outlook for the BOJ's monetary policy to reflect major issues for Japan's economy. These are President Trump's tariffs, the balance between monetary and fiscal policy now that the government looks willing to take action, and risks of lower wage increases in 2026. The brokerage pushes back its assumption for next BOJ rate hike to January 2026 from July 2025, with only one rate hike projected instead of two rate hikes previously expected over the forecast period through March 2027. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
April 16, 2025 22:41 ET (02:41 GMT)
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