BOJ expected to maintain rates 1.25%, with more than of analysts surveyed expecting December a rate hike
BIBIBI
AT A GLANCE
Survey shows the BOJ may keep its 1.25%rate unchanged this week, with more than of analysts expecting December a rate hike.
Article
【BOJ expected to stand pat this week, with more than of analysts expecting December a rate hike】
The Bank of Japan will hold a monetary policy meeting on October 29 to 30. Nikkei QUICK News (NQN) conducted a survey from 14 to 20 targeting analysts who track BOJ monetary policy. The survey showed that all respondents expected the BOJ to leave its policy rate unchanged at the current 1.25%level. Regarding the timing of the next rate hike, more than 80%of respondents expected it to take place in December。
Key points
01
The BOJ will hold a monetary policy meeting on October 29 to 30.
02
Nikkei QUICK News conducted a survey from 14 to 20.
03
All respondents expected the BOJ to keep its current 1.25%policy rate unchanged.
04
More than 80%of respondents expected the next rate hike to take place in December。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This is the result of an analyst survey, not a policy decision already announced by the BOJ. The survey shows that respondents broadly expect no rate hike this week, with more than expecting December a rate hike.
Why it matters to readers
The statement from the subsequent meeting and the policy rate decision may test this survey expectation.
“Policy rate” refers to an important rate used by a central bank to influence borrowing costs; survey expectations do not equal the actual decision.
Risks and unknowns
Whether the BOJ ultimately keeps its 1.25%rate unchanged this week remains subject to the meeting’s decision.
Whether the BOJ will raise rates in December has not been confirmed in the original text.
The survey did not provide actual changes in market prices or yields.
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Related concepts
Policy rates
This term is not in the glossary yet. Browse related concepts in the glossary.
