BOJ May Hike Rates by Year-end, Says Ex-FSA Senior Official

The Bank of Japan is still in a position to hike rates again by the end of the year given that recent market turmoil hasn’t had a lasting impact, according to a former senior official at Japan’s financial watchdog.

“Although the market experienced some turbulence in the past one, two months, I do not think that there is a loss of confidence in the markets,” said Tomoko Amaya , speaking on the sidelines of the Bund Summit in Shanghai at the weekend.