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Asia Drop-In: Why the BoJ will raise rates by far more than expected in 2025

After raising interest rates for the first time in 17 years in 2024, we think markets are underestimating just how far the Bank of Japan will go to continue tightening monetary policy in the coming year.

Our Japan and Markets economists held this special online briefing all about how the central bank will respond to evolving inflation dynamics in 2025. During this 20-minute session, the team answered questions from the audience as they explained our non-consensus forecasts.

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