Ex-BOJ chief Kuroda sees 3-4 more rate hikes to 1.5% in 2027, Asahi interview shows

TOKYO, March 27 (Reuters) – Former Bank of Japan ​Governor Haruhiko Kuroda ‌told the Asahi newspaper that he saw “no problem” in ‌the ​Japanese ⁠central bank raising ⁠the interest rate by 0.25% for 3-4 times ​from the current 0.75%, to ⁠reach “around ⁠1.5%” in 2027.

The ​BOJ would hike ​the policy rate at ‌its April meeting “if you think about it ⁠normally”, as the Iran war would “only accelerate ⁠interest ‌rate hikes” ⁠instead of a ​pause ‌in the ​monetary normalisation, ⁠Kuroda told the Asahi interview.

(Reporting by Kantaro Komiya; Editing by Muralikumar ​Anantharaman)