Carlyle Japan Co-Head Expects Two BOJ Rate Hikes This Year

The Bank of Japan is likely to raise interest rates by 25 basis points twice this year, but the hikes won’t have a substantial impact on corporate activity or private equity investment, Carlyle Japan co-head Takaomi Tomioka says in a Bloomberg TV interview.

• BOJ will normalize policy to better control inflation; Japan’s base rate is still low compared with the US and Europe
• Carlyle is seeing more carve-out deals in Japan
• Iran war is having minimal impact on Carlyle’s portfolio companies in Japan so far
• Asked about Japan’s blocking of MBK Partners’ planned acquisition of Makino Milling, Tomioka says protecting ...