Reuters Poll: BoJ Expected to Hike Rates in December, Not October
A majority of economists in a Reuters poll expect the Bank of Japan to raise interest rates at its December meeting rather than in October.
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A majority of economists surveyed by Reuters expect the Bank of Japan to raise interest rates at its December meeting, rather than moving in October. The poll indicates that such a step would be the third increase in the BoJ's current rate cycle.
The expected timing suggests policymakers may prefer to wait for more data before tightening policy again. The survey result could shape short-term yen positioning as markets adjust to a later hike.
Source: FXStreet Forex News