• Asks if accelerating inflation could lead BOJ to hike rates faster, with consensus expecting summer.
    Shery Ahn
  • Ayako Fujita
    Expects a BOJ rate hike in April, as it is good timing to justify with strong wage negotiation results and underlying inflation pressure persists.
  • Asks if BOJ can send signals to calm both JGB market and yen weakness.
    Avril Hong
  • Ayako Fujita
    It's difficult for BOJ to send clear signals due to tricky political timing with lower house dissolution; the only solution is to stick to previous policy line.
  • Asks how closely BOJ is watching JGB illiquidity and the risk it poses.
    Shery Ahn
  • Ayako Fujita
    JGB market problems are driven by politics, not monetary policy; BOJ stepping in could be counterproductive unless there is a very big shock.
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