Mitsubishi UFJ Financial Group (MUFG.US) CEO makes rare call for Bank of Japan to raise interest rates, predicts earliest start may be at September meeting.

According to the Securities Times app, concerning the inflation outlook in Japan, the CEO of Japan's largest bank, Mitsubishi UFJ Financial Group (MUFG.US), Kamezawa Hidetaka, publicly expressed his view on the pace of interest rate hikes by the Bank of Japan. In an interview, he said that the company officially expects March next year to be the time for a policy rate adjustment, but personally believes that there is also a high possibility of a rate hike in September or October this year, and pointed out that "adjusting the interest rate this month or within this month is also feasible." This statement is rare in the Japanese banking industry, highlighting his concern for the current economic environment.