[Goldman Sachs: Bank of Japan May Raise Interest Rates as Early as July] Jin10 News, April 29 – Akira Otani of Goldman Sachs stated in a research report that following Wednesday's policy decision and remarks by Governor Kazuo Ueda, the Bank of Japan is likely to raise interest rates in July. 'We still believe that the impact of rising oil prices on medium- to long-term inflation expectations will be limited, and the Japanese economy will not fall into a recession,' Otani noted. He pointed out that the timing of the rate hike is highly uncertain. While a rate hike could occur earlier than July if inflationary pressures intensify, it could also be postponed to the second half of the year if the Japanese economy falls into a recession due to factors such as worsening trade conditions.