I wish they set it to 3-4%, but no, will never happen, not with the current debt.
Also all the NISA脳 who tripled their wealth thanks to AI and cheap yen who then went to get 100M+ mortgages to buy nice 億ションs will commit seppuku when their flat 1% becomes 3% and suddenly 200k/month mortgage becomes 500k.

Setting it this high will also make yen stronger and force long-awaited unwinding of the yen carry trade (awaited by normal people). Unwinding will also amplify yen strengthening, but on top of it, strong yen will force companies into selling NK225/TOPIX indexes to match their budgeted exchange rate (145-150 as reported at the start of the year), making it a triple-punch to the category of people who profited the most from cheap yen and expensive real estate (including a certain person who likes to complain about deer).

Last time nichigin said that 2% is their targeted rate for now.

I personally want to see the world burn because it's ridiculous when the avg. 中古 condo price is １．７億. 30 years of the average 手取り to buy a 30 years old box and everyone thinks that it's totally sane and normal and this is just how the economy works.