Majority of Analysts Predict Bank of Japan's Rate Hike in December

Reported 27 days ago

A recent Bloomberg survey indicates that just over half of economists expect the Bank of Japan to implement its next rate hike in December, following the current trend of rising inflation. While many analysts believe the BOJ will likely maintain its current policy at the upcoming meeting, there is a consensus that a rate increase to 0.5% could occur by the end of the year. The outlook remains cautious with emphasis on monitoring external economic factors, including US interest rate changes.

Source: YAHOO

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