中国外汇投资研究院：日本央行很可能在下半年加息

Group 1 - The core viewpoint is that the Bank of Japan's interest rate hike is constrained by the uncertainty surrounding the actual level of neutral interest rates, making the decision-making environment more complex [1] - Multiple members of the Bank of Japan are concerned about the level of neutral interest rates, but they generally acknowledge that accurately predicting this level is extremely difficult [1] - The Bank of Japan is likely to initiate a new round of interest rate hikes in the second half of 2026, gradually advancing the rates, with a potential endpoint of 1.25% around June 2027 [1]