Barclays forecasting the Bank of Japan to remain on hold in January, rate hike in March ...Middle East

Yesterday we had Bank of Japan deputy governor Himino speaking:

In my Asia wrap (first link above) I said I wondered aloud at the strange (up) response on Himino's remarks. The Europe wrap has more from him, where he was more less dovish. UBS agree - he 'lacked dovishness'.

Barclays, meanwhile think January is too early for a hike from the BoJ. Analysts at the bank expect a Bank of Japan rate hike in March and October 2025, with rates eventually climbing to 0.75%.

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