Business2 sources
Bank of Japan Expected to Maintain Current Monetary Policy
- The Bank of Japan is expected to maintain its current interest rates this week.
- Survey respondents predict the BOJ will prepare for a rate hike in December or January.
- Inflation and wages are continuing to rise, influencing the BOJ's decision.
- The BoJ's October forecast was analyzed by the FT's Monetary Policy Radar team.
- All survey respondents anticipate the BOJ to set the stage for a rate hike.