Central Bank watchers adjusted their expectations, believing that the Central Bank is unlikely to raise interest rates in January

Sina Financial News After the New Year's Day earthquake and the recent comments of Central Bank Governor Kazuo Ueda, more and more Central Bank watchers have joined the ranks of postponing the forecast for the end of negative Intrerest Rate. BNP Paribas, Deutsche Securities and Mitsubishi UFJ Morgan Stanley Securities have all adjusted their forecasts, expecting the Central Bank to be unlikely to lift negative Intrerest Rates at its January 22-23 meeting. The main reasons cited by economists are that Kazuo Ueda's comments indicate caution about acting ahead of time, and that the earthquake that struck Japan's northwest coast on January 1 increased economic uncertainty. Naomi Muguruma, chief fixed income strategist at Mitsubishi UFJ Morgan Stanley, expects Japan's negative Intrerest Rate to end in April. Ryutaro Kono, chief Japan economist at BNP Paribas, and others believe that the Central Bank is likely to act at its April meeting.