BOJ seen ending negative rates in April, keep hiking next year
- BOJ dismantled YCC in Oct, laying groundwork for next move
Service prices already rising, BOJ just waiting for
BOJ must keep hiking once short-term rates at zero
more to come
Hideo Hayakawa is a Senior Fellow at Tokyo Foundation for Policy Research and a former Bank of Japan Executive Director. He joined the Bank of Japan in 1977 and served as an Executive Director in 2009–13.
During his career at the BOJ, he served in many research-related positions in the Research and Statistics Department and the Institute for Monetary and Economic Studies, including Director General of the Research and Statistics Department in 2001–07.