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BOJ Expected to Hold Rates on Oct. 30 as Watchers Eye a December Hike

By ChordNews · First written (updated )

BOJ likely to keep hiking rates every quarter, ex-official says
Image: japantimes.co.jp
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Summary

The Bank of Japan is widely expected to hold interest rates steady at its policy meeting on Oct. 30. A former official said the BOJ is likely to keep raising rates every quarter. In a recent survey, more than 80% of BOJ watchers expected the next rate increase in December, and none expected a hike at the October meeting.

Later: Bank of Japan expected to hold rates this week but signal a hawkish stance, survey finds · Bank of Japan set to stay on quarterly tightening path

Timeline

  1. The Japan Times

    Source ↗

    The Japan Times reports that an ex-official says the BOJ is likely to keep hiking rates every quarter, and that the central bank is widely expected to hold rates steady at its Oct. 30 policy meeting.

  2. The Japan Times

    Source ↗

    The Japan Times reports that more than 80% of BOJ watchers expect the central bank's next rate increase in December, according to a recent survey, and none expect a hike when the bank concludes its Oct. 30 meeting.

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