Mizuho Securities: The possibility of the Bank of Japan raising interest rates in April drops to 17%

Economists at Mizuho Securities said that due to geopolitical risks, the possibility of the Bank of Japan raising interest rates at its April meeting is low, and market expectations have dropped from about 60% to 17%. The Governor of the Bank of Japan mentioned the dual impact of the Middle East conflict on prices and is inclined to carefully evaluate the situation, or make a decision at the June meeting.