BlockBeats News, June 17, Goldman Sachs economist Akira Otani said that the Bank of Japan is likely to raise interest rates again in January 2027, but the timing of future rate hikes is highly uncertain.

“With the potential inflation rate close to 2%, even a small change, such as a further slight depreciation of the yen, could significantly increase the risk of inflation exceeding 2%,” the economist pointed out. “Therefore, the probability distribution of the timing of the next rate hike is considered to be more inclined to an earlier hike.” Otani also added that the actual timing of the rate hike will be “significantly influenced by the progress of communication with the government.”