Business · Economy · 6 hrs ago
More Than 80% of BOJ Watchers Expect a December Rate Hike
More than 80% of Bank of Japan watchers expect a rate increase in December, according to a recent survey.
The Bank of Japan is Japan's central bank, and it sets the country's interest rates.
None of those surveyed expect a hike after the bank's Oct.
30 meeting.
A rate increase would make borrowing more expensive for households and businesses.
The survey points to December as the likelier timing, rather than the bank's next meeting.
The bank's next decision is due after its Oct.
30 meeting, but the survey does not say what the bank will decide.
More than 80% of Bank of Japan watchers expect the central bank’s next interest rate increase to come in December.
The finding comes from a recent Bloomberg survey.
None of those surveyed expect a rate hike when the bank concludes its next meeting on Oct. 30.
- Who
- More than 80% of Bank of Japan watchers surveyed by Bloomberg.
- What
- They expect the BOJ’s next interest rate increase in December; none expect a hike at its next meeting.
- When
- The survey was described as recent; the BOJ’s next meeting concludes on Oct. 30, and watchers expect a hike in December.
- Where
- Japan.
- Why
- Not stated.
This story does not have two clearly opposing sides.
A recent Bloomberg survey found that more than 80% of BOJ watchers expect the next rate increase in December.
The BOJ’s next meeting is due to conclude, and none of the surveyed watchers expect a rate hike then.
- Survey
- Bloomberg
- Expected next rate hike
- December
- Next BOJ meeting concludes
- Oct. 30
- Watchers expecting a December hike
- More than 80%