巴克莱：日本央行或将得以略微加快政策正常化

Core Viewpoint - The overwhelming victory of Prime Minister Fumio Kishida's Liberal Democratic Party may enable the Bank of Japan to continue normalizing its monetary policy at a slightly faster pace [1] Group 1: Interest Rate Expectations - Barclays has brought forward its expectation for the next interest rate hike from July to April [1] - The terminal rate forecast has been raised from 1.25% to 1.5% [1] - Additional rate hikes are anticipated in April 2026, October 2026, and April 2027 [1] Group 2: Market Implications - The significant victory of Prime Minister Kishida may foster what is referred to as the "Kishida trade" [1] - A shift towards a more prudent policy mix is expected to stabilize the risk premium of Japanese government bonds and the yen in the medium term [1]