Japanese Think Tank: Most Economists Expect Bank of Japan to Raise Rates in December
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September 18, 2024
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On September 18th, the market widely expects the Bank of Japan (BOJ) to keep its key overnight call rate unchanged at 0.25% this week, while the December meeting could be more interesting. Out of 36 economists surveyed by the Japan Center for Economic Research, 19 expect the BOJ to raise rates again in December. Ahead of the BOJ's December 18-19 meeting, the bank will monitor key indicators to gauge whether the economy is on track, including the BOJ's Tankan surveys for September and December, third-quarter GDP data, and corporate earnings for the quarter. (Gold Ten)
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