TOKYO -- The Bank of Japan could see a net loss of up to 2 trillion yen ($12.7 billion) in fiscal 2027 or 2028 if it raises its short-term policy rate to 2%, according to the first estimate of its kind to be published by the central bank.
Bank of Japan
Bank of Japan risks over $12bn annual loss at 2% interest rate
Red ink to reach peak by fiscal 2028, central bank estimates
The Bank of Japan held its benchmark interest rate at 0.25% during its most recent policy meeting in December. (Photo by Akira Kodaka)
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