Economic calendar in Asia 24 January 2025 – Bank of Japan expected to raise rates

Before the Bank of Japan announcement is inflation data from Japan for December. Preview here:

• Ahead of the Bank of Japan decision on Friday are CPI data for December 2024

As always, there is no firm time for the BoJ statement. Experience suggests to expect it some time in the 0230 to 0330 GMT time window. A rate hike is widely expected today. When there is some sort of change of policy expected the announcement is more likely to come later in that time window than earlier. Preivews of the BoJ here:

• Poll shows 18 out of 19 economists expect a Bank of Japan rate hike on Friday
• The BOJ meet today and tomorrow and is unlikely to delay rate hike action

• This snapshot from the ForexLive economic data calendar, access it here.
• The times in the left-most column are GMT.
• The numbers in the right-most column are the ‘prior’ (previous month/quarter as the case may be) result. The number in the column next to that, where there is a number, is the consensus median expected.

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