J.P. Morgan Asset Management: Bank of Japan to raise interest rates again depends on the "mood" of the U.S. economy

JPMorgan Asset Management stated that the Bank of Japan will avoid raising interest rates again in the short term, and further policy tightening may depend on the fate of the US economy. The company is one of the institutions predicting the Bank of Japan's next policy move. Market turmoil has intensified conflicting views on Japan's policy path, with traders lacking confidence in the possibility of a rate hike by the Bank of Japan. JPMorgan estimates that the Federal Reserve will not further tighten monetary policy until 2025. The Bank of Japan's actions will depend on the stability of the global economy and the avoidance of recession