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Former BOJ Chief Advocates Rate Hikes Amid Global Tensions

3/29/2026

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Summary

Story summary

Haruhiko Kuroda, former Bank of Japan Governor, stated in an Asahi interview that he supports raising the BOJ policy rate by 0.25 percentage point for 3–4 times to reach about 1.5% by 2027.
He said the BOJ should consider hiking the policy rate at its April meeting.
Kuroda argued that the ongoing Iran war would likely accelerate rate hikes rather than lead to a pause in monetary normalization.

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Story summary

Haruhiko Kuroda, former Bank of Japan Governor, stated in an Asahi interview that he supports raising the BOJ policy rate by 0.25 percentage point for 3–4 times to reach about 1.5% by 2027.
He said the BOJ should consider hiking the policy rate at its April meeting.
Kuroda argued that the ongoing Iran war would likely accelerate rate hikes rather than lead to a pause in monetary normalization.