According to three people familiar with the matter, the Bank of Japan is likely to raise interest rates as early as September, and is considering raising interest rates in a more active manner than the current frequency of about twice a year after that. The move reflects the Bank of Japan's growing concerns about price pressure brought about by the Middle East conflict, strong global demand for artificial intelligence, and the continued decline in the yen. Despite the rare joint intervention of Japan and the US last month, the yen's downward trend continued. One of the sources said, “Early interest rate hikes are a foregone conclusion,” which indicates that the Bank of Japan is likely to raise interest rates at the next policy meeting on September 17-18. Another source also expressed similar views. The source also said, “The Bank of Japan may also speed up the pace of interest rate hikes.”

According to three people familiar with the matter, the Bank of Japan is likely to raise interest rates as early as September, and is considering raising interest rates in a more active manner than the current frequency of about twice a year after that. The move reflects the Bank of Japan's growing concerns about price pressure brought about by the Middle East conflict, strong global demand for artificial intelligence, and the continued decline in the yen. Despite the rare joint intervention of Japan and the US last month, the yen's downward trend continued. One of the sources said, “Early interest rate hikes are a foregone conclusion,” which indicates that the Bank of Japan is likely to raise interest rates at the next policy meeting on September 17-18. Another source also expressed similar views. The source also said, “The Bank of Japan may also speed up the pace of interest rate hikes.”