[Institution: Latest Forecast from the Bank of Japan Indicates Room for Further Rate Hikes] Jin10 News, March 27 – The Bank of Japan's latest estimate of the country's natural interest rate suggests that the central bank still has significant room to raise rates. New data indicates that the neutral rate may range between 1.1% and 2.5%, while the current policy rate stands at 0.75%. In a report released on Friday, the bank stated that many of the indicators used in the latest estimate show that interest rates will gradually rise. This implies that the upper limit of the neutral rate could increase further, providing the Bank of Japan with greater room for additional rate hikes.