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BOJ to raise interest rate to at least 0.50% by end-March, 51 of 52 economists say

Reuters poll:

  • BOJ to hold key interest rate at 0.25% in December, say 58% of economists vs 44% in November poll
  • BOJ to raise interest rate to at least 0.50% by end-March, 51 of 52 economists say
  • Rate of pay increase in next fiscal year’s labor talks stands at 4.7%, falling short of 5.1% this fiscal year – median forecast
  • U.S. President-elect Trump tariffs to affect Japan economy negatively or somewhat negatively, say 94% of economists

This article was written by Eamonn Sheridan at www.forexlive.com.

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