[Mizuho: Bank of Japan Unlikely to Raise Rates in April Amid High Market Uncertainty] Jin10 Data, April 17 – Mizuho Securities economists stated that due to the high uncertainty surrounding geopolitical risks, the Bank of Japan is unlikely to raise interest rates at its April meeting. The Bank of Japan will make another decision at its June meeting. The current overnight index swap market estimates the probability of a rate hike in April at only 17%, a sharp drop from about 60% last week. The Bank of Japan governor has mentioned the dual impact of the Middle East conflict on Japan's price trends. While he does not appear to have ruled out the possibility of an April rate hike, he seems inclined to adopt a more cautious approach to further assess the situation.