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BOJ to hike rates by June as war-fuelled inflation risks mount: Reuters poll
The Bank of Japan will raise its benchmark rate to 1.00 per cent by end-June, with nearly two-thirds of economists in a Reuters poll predicting the move, and a hike this month or in June seen as equally likely amid uncertainty over the fallout from the Iran war. Markets are struggling to read the BOJ ahead of its April 27-28 policy meeting, with officials likely to offer far less forward guidance than in past decisions, heightening the risk of a surprise. [...]