Central Bank Policy

Cautious But Bold: Bank of Japan's Historic Rate Hike

With Katharine Neiss, PhD — Jan 24, 2025

2 min watch

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PGIM Fixed Income's Deputy Head of Global Economics, Katharine Neiss, PhD, reacts to the Bank of Japan’s January Monetary Policy Meeting, which saw the bank raise interest rates by 25 bps to 0.5% which marks a significant achievement in policy normalization. Katharine highlights the twofold nature of the meeting as well as her expectations for rate changes from the Bank for the duration of 2025.

Read the Bond Blog, Bank of Japan Rate Hike to 17-year High Portends More, for in-depth analysis from the January 2025 BoJ Monetary Policy meeting.

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