花旗：日元疲软或导致日本央行在2026年加息三次

Core Viewpoint - The head of Citigroup's Japan market business, Akira Hoshino, indicated that if the Japanese yen continues to weaken, the Bank of Japan may raise interest rates three times this year, potentially doubling the current rate [1] Group 1: Interest Rate Predictions - Hoshino stated that if the USD/JPY exchange rate exceeds 160, the Bank of Japan might increase the uncollateralized overnight call rate by 25 basis points to 1% in April [1] - A second rate hike of the same magnitude could occur in July if the yen remains weak, with a possibility of a third hike before the end of the year [1] Group 2: Yen Weakness Analysis - The weakness of the yen is driven by negative real interest rates, according to Hoshino [1] - He emphasized that the Bank of Japan has no choice but to address this issue if it wants to reverse the trend of the yen's depreciation [1] Group 3: Yen Exchange Rate Forecast - Hoshino expects the yen to fluctuate within a range slightly below 150 to 165 throughout the year [1]