Reported about 7 hours ago
A majority of economists predict that the Bank of Japan (BOJ) will raise interest rates to 0.50% by the end of March, with many favoring a move as early as January. The central bank's decision to adjust rates reflects its intentions to normalize monetary policy following years of accommodative settings, despite many global counterparts considering rate cuts. Recent wage increases and inflation pressures support the case for a January hike, although market uncertainties related to the upcoming U.S. presidential inauguration linger.
Source: YAHOO