Reported about 10 hours ago
A recent Reuters poll indicates that a majority of economists believe the Bank of Japan (BOJ) will raise interest rates during its December meeting due to a strengthening economy and worries about the weak yen. With over half of the respondents predicting a 25 basis point increase, the BOJ aims to address rising inflation pressures, particularly influenced by the economic policies anticipated under Donald Trump's new administration. This move is seen as essential to prevent further depreciation of the yen and ensure alignment with Japan's economic outlook.
Source: YAHOO