Bank of America Delays BOJ Rate Hike Expectations to June Amid Middle East Tensions

Gate News message, April 23 — Bank of America economists and strategists have adjusted their forecast for the Bank of Japan's next interest rate hike, now expecting the central bank to tighten monetary policy in June rather than April, citing Middle East tensions as a key factor affecting the timeline.

The shift in rate hike expectations reflects growing uncertainty in global financial markets due to regional geopolitical developments.

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