Japan Set For 30-Year Rate High: Leadership Turmoil Raises Uncertainty

The Bank of Japan is almost certain to raise its benchmark interest rate to 1% at its June 15-16 policy meeting, a level the country has not seen since 1995. But with Governor Kazuo Ueda hospitalized and unable to chair the meeting, the real question is what comes next. A Reuters survey of 70 economists The post Japan Set For 30-Year Rate High: Leadership Turmoil Raises Uncertainty appeared first