Bank of Japan Likely to Hold Rates Steady in October, December Hike Expected

Reported about 1 month ago

Most economists anticipate that the Bank of Japan will maintain its current interest rate during the meeting on October 31, with a significant number expecting an increase in December. The survey shows that 53% foresee a rate hike next month, while rising domestic inflation and currency fluctuations may influence future decisions. Analysts suggest that uncertainty from U.S. politics could dampen the bank's signaling ahead of the December meeting.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis