A former senior economist at the Bank of Japan stated that amid market volatility triggered by conflicts in the Middle East, the Bank of Japan may delay the originally expected interest rate hike from April to June or July. Previously, the market widely anticipated that the Bank of Japan might raise the policy interest rate from 0.75% to 1.0%, but geopolitical risks, rising oil prices, and market uncertainties have decreased the likelihood of a rate hike in the near term. (Reuters)

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