Bank of Japan Expected to Raise Interest Rates for First Time in 15 Years
- BOJ expected to raise interest rates for first time since 2007 and end yield curve control program
- Most economists predict 0.1% rate hike from current -0.1% rate
- Comes after strong wage growth data indicating inflation pressures
- Would end over decade of aggressive easing under Governor Ueda
- Still will keep conditions accommodative relative to global central banks
