Ex-BOJ Official Says March Rate Hike Possible if Yen Weakens Ahead of U.S.-Japan Summit
Former Bank of Japan board member Makoto Sakurai said the BOJ could raise interest rates as early as March if the yen resumes its slide ahead of a U.S.-Japan summit expected to take place around the central bank's next policy meeting. Sakurai highlighted currency intervention limits, the potential inflationary impact of a weaker yen, and the role o…