BOJ's Rate Hike: A Cautionary Tale for Global Markets The Organisation for Economic Co operation and Development (OECD) has estimated that Japan's Bank of Japan (BOJ) policy rate will likely reach 2% by the end of 2027.
This projection, based on a careful analysis of economic trends and monetary policy decisions in Japan, sends shockwaves through global markets.
The BOJ's prolonged period of ultra loose monetary policy since 2013 has distorted the financial landscape in Japan. The policy rate has been stuck at 0.