Japan's largest bank believes that the Bank of Japan will raise interest rates in March

Sina Financial News The swap market believes that the probability of Bank of Japan Governor Kazuo Ueda adjusting policy this month is about 50%. "I think it's necessary to end negative interest rates in March, not April," said Hiroyuki Seki, head of global markets business at MUFG Financial Group. He believes that the Bank of Japan will raise interest rates for the first time at its next meeting on March 19, and then possibly again in October at the latest, raising the policy rate to 0.25% to ensure policy flexibility.

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