British analyst: The Bank of Japan may raise interest rates on Tuesday and end yield curve control

According to a report by Jinshi, Brian Daingerfield, a market analyst at the British National Westminster Bank, said that the wage increase requested by Rengo, Japan's largest trade union organization, is sufficient to prove that the Bank of Japan may raise interest rates on Tuesday and end yield curve control (YCC). However, he believes that the rate hike may be accompanied by a cautious statement.