Personally feels that June rate hike was the appropriate decisionDelaying rate hikes would cause excessive decline in the yen currency and hurt households moreExpects BOJ to raise interest rates again at the end of the yearThen again around the summer of next year before pausingBOJ should continue to raise interest rates at a moderate paceThe appropriate pace can be said to be once every six months, so that it won’t hurt domestic investmentBOJ rate hikes are important to rectify any excessive weakness in the yen currency
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This article was written by Justin Low at investinglive.com.