News > Analysis-BOJ bullishness on wages suggests days of super-low rates are numbered

Analysis-BOJ bullishness on wages suggests days of super-low rates are numbered

The Bank of Japan (BOJ) rejected market pressure this week, maintaining ultra-low interest rates, but its bullish views on wages and growing strains from its policy suggest it may still end its expansionist experiment this year. Even unremittingly dovish BOJ Governor Haruhiko Kuroda is talking up wage increases in Japan, a factor critical to raising rates after decades of trying to stoke inflation and growth, suggesting to some that the BOJ could change policy after he leaves office in April.