Pimco Says BOJ May Raise Rates Higher Than Markets Expect

Pimco Says BOJ May Raise Rates Higher Than Markets Expect

1h ago Pimco Says BOJ May Raise Rates Higher Than Markets Expect Bloomberg News, (Bloomberg) -- The Bank of Japan may raise interest rates three more times even after last month’s historic hike, according to Pacific Investment Management Co. “This is really, from our standpoint, sort of the beginning of the adjustment of monetary policy in Japan rather than the end game,” said Sachin Gupta, a portfolio manager who helps oversee more than $40 billion in assets at Pimco and …