Former Bank of Japan official says there is about a 50% chance of an interest rate hike in April

AIcoin2026/03/06 08:02

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Former Bank of Japan official in charge of monetary policy, Eiji Maeda, stated that even with the uncertainty brought by the Iran conflict, after the Bank of Japan kept rates unchanged in March, the probability of a rate hike in April remains about 50%. He believes the chances of a rate hike in either April or June are evenly split, but an April hike would be more prudent. Overnight swap markets show traders expect about a 60% chance of a rate hike in April. Maeda pointed out that if the Bank of Japan does not act in April, the yen may weaken further, and breaking above 160 against the US dollar would increase market risk. Currently, the yen is "quite weak," and a slight rebound would be more comfortable for businesses and households.

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Incordex appointed Chen Wang to its board effective Sept. 29, 2026. Wang founded his own brand. He has served as founder and board chairman of Yunnan Jinshengchang Technology and Trade since Oct. 2024. He previously led global pharmaceutical education operations at Meixin E-commerce. He later ran education operations at Zhuyuan Grop. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Incordex Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001477932-26-006080), on October 07, 2026, and is solely responsible for the information contained therein.

Bitget•2026/10/07 16:03