Hiroaki Muto Interest Quotations

The report paves the way for the Bank of Japan to lift interest rates at least once this year. The Japanese economy gives no reasons to restrict the bank's successive rate increases after the first one.

The Bank of Japan already has a free hand to decide when to raise interest rates. The bank will probably take action in the third quarter.

Expectations for higher interest rates are solid now. No one doubts that the Japanese economy is improving.