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Bank of Japan expected to hold rates this week but signal a hawkish stance, survey finds

By ChordNews · First written

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Summary

The Bank of Japan is expected to keep interest rates unchanged at its meeting this week. A CNBC survey found that all respondents expect the BOJ to set the stage for a rate hike in December or January, as inflation and wages continue to rise.

This continues an earlier story: BOJ Expected to Hold Rates on Oct. 30 as Watchers Eye a December Hike

Later: Bank of Japan holds interest rates steady as inflation reaches its 2% target · Bank of Japan says inflation has reached its 2% target, but holds interest rates

Timeline

  1. CNBC

    Source ↗

    CNBC reports that the Bank of Japan is expected to hold rates this week but stay hawkish, with all survey respondents expecting it to set the stage for a rate hike in December or January as inflation and wages keep rising.

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