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BOJ Is Likely to Raise Interest Rate in April, Ex-Official Says

The Bank of Japan will probably increase its benchmark rate this month to avoid falling behind on controlling inflation, according to a former executive director at the central bank.

Cherry trees in bloom in front of the Bank of Japan headquarters in Tokyo, Japan, on Friday, March 27, 2026. Tokyo inflation cooled to its slowest pace in nearly two years as gains in food costs continued to slow, with prospects for higher energy prices owing to the war in Iran likely to keep the Bank of Japan on track for further rate increases.
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