[Bank of America: Bank of Japan to Raise Interest Rates to 0.75% in December, Followed by Semi-Annual Hikes] BlockBeats News, December 5 – Bank of America economist Takayasu Kudo wrote in a report that during the Bank of Japan's meeting on December 18-19, the target interest rate will be raised from 0.5% to 0.75%, with expectations of further policy rate hikes every six months thereafter. He stated: 'Based on recent developments in corporate earnings, wage negotiations, the depreciation of the yen in the foreign exchange market, and discussions with the government, the Bank of Japan is increasingly confident that it can raise interest rates at the upcoming December meeting.' The economist predicts that the Bank of Japan will raise rates in June 2026, followed by additional hikes in January and July 2027. (Jin10)