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2026-09-21 11:42:11
[Societe Generale: Bank of Japan May Raise Rates Every Other Meeting, Term Rate to 2% by June 2027] (1) Jin Kenzaki, an analyst at Societe Generale, said in a report that the Bank of Japan may raise interest rates every other meeting, reaching a term rate of 2% by June 2027. (2) Kenzaki said that at the press conference held after the Bank of Japan raised interest rates on Friday, Governor Kazuo Ueda pointed out that with the underlying inflation rate approaching the 2% target, the central bank's next focus is whether the inflation rate will stabilize at that level. (3) Kazuo Ueda also said that the labor-management wage negotiations next spring will be a key factor in making this assessment. (4) Societe Generale expects the robust momentum in wage negotiations to continue into next year.
