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ECB Officials Signal Further Rate Hikes; BoJ Expected to Raise Rates to 1% on Tuesday

GateNews
Forex
According to金十数据 reports and central bank officials, multiple European Central Bank policymakers signaled on June 15 that rate hikes will continue. ECB Governing Council member Kazimierz stated raising rates must continue to combat inflation, while President Lagarde noted energy price pressures are beginning to spread across the economy. Separately, the Bank of Japan is expected to raise its benchmark rate from 0.75% to 1% at its Tuesday meeting, according to former BoJ Chief Economist Kamegata, marking the second rate hike this year.
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