# BOJ likely to keep hiking rates every quarter

> Former BOJ official predicts December rate hike followed by March or April increase.
- Title: BOJ likely to keep hiking rates every quarter | Shortify
- Summary: Former BOJ official predicts December rate hike followed by March or April increase. Japan's central bank may raise interest rates quarterly to control…
- Keywords: boj, interest rates, inflation, japan, central bank, rate hike, news, politics, world, likely, keep, hiking
- Source: The Japan Times — https://japantimes.co.jp/business/2026/10/21/economy/boj-rate-hike-three-months
- Author: Toru Fujioka
- Published: 2026-10-21T06:45:00+00:00
- Read time: 1 min
- Topics: boj, interest rates, inflation, japan, central bank, rate hike, news, politics, world
## Former BOJ official predicts rate hikes
Eiji Maeda, a former Bank of Japan executive director, expects the next rate hike in December followed by another in March or April.

> I expect the next rate hike in December, followed by another in March or April
## Rate hike pace accelerating
The Bank of Japan's rate hike pace has accelerated to roughly one hike every three months, according to Maeda.

> The pace has now accelerated to roughly one hike every three months, and I think that’s appropriate
## Market pricing aligns with forecast
Overnight swaps market shows 80% chance of a rate increase by December.

> The overnight swaps market implies investors see a roughly 80% chance of an increase by December
## BOJ likely to hold rates steady
The Bank of Japan is expected to keep interest rates steady at its next policy meeting on October 30.

> The BOJ is widely expected to hold rates steady at its next policy meeting on Oct. 30
## Key takeaway

Japan's central bank may raise interest rates quarterly to control inflation risks.