26 August 2026 | 11:02AM JST Equity Research Japan Banks: Rising near-term BOJ rate hike expectations: implications for banks Our economists revised the house view on BOJ rate hikes on August 25, adding a 25bp rate hike in September 2026 to the previous forecast of 25bp rate hikes in January 2027 and July 2027. This also pushes up the terminal rate forecast from 1.5% to 1.75%. In our conversations with market participants, the possibility of a September or October BOJ rate hike as reflected in OIS markets, ...