INVESTINGLIVE
BOJ hikes to 1%, pauses bond taper from April 2027 and flags inflation overshoot risk
USD/JPY — All Desk Targets
23 desks
| Firm | Stance | YE 2026 |
|---|---|---|
Bank of America | Bullish | 149.00 |
UOB | Neutral | 163.50 |
UBS | Bullish | 150.00 |
From the original
The decision is a clean hawkish package with one dovish structural element. The rate hike and the explicit commitment to continue raising rates are unambiguous. The bond taper pause from April 2027, fixing monthly JGB purchases at around 2 trillion yen, is the complicating factor