BOJ Sees No Change in Rates for September, But Analysts Predict Year-End Hike
Thursday, 12 September 2024, 20:21
BOJ's Current Stance
The Bank of Japan (BOJ) will not raise interest rates at a policy meeting next week, according to a unanimous agreement among economists in a Reuters poll published on Friday. This sets the stage for potential shifts in the future as analysts eye year-end adjustments.
Future Predictions
- Majority View: A significant number of analysts anticipate the BOJ will increase rates by the end of the year.
- Economic Factors: This speculation is driven by ongoing inflationary pressures.
Market Implications
The unchanged rates for September don’t negate the possibility of changes later in the year as economic indicators continue to evolve.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.