Reported 1 day ago
The Bank of Japan is anticipated to keep its key interest rate steady at its March meeting, with a majority of economists predicting a rate hike to 0.75% in the third quarter, likely in July. The Reuters poll indicated that 90% of economists foresee negative impacts on Japan's economy due to U.S. tariff policies, while many large companies in Japan are responding to union demands for substantial wage increases. This economic backdrop suggests that while there is pressure to raise rates, caution remains in light of global uncertainties.
Source: YAHOO