BOJ expected to keep interest rates unchanged next week - poll ...Middle East

61of 62 respondents forecast no change to interest rates next week18 of the 61 respondents above see at least one 25 bps rate hike in Q240 of 57 respondents expect a 25 bps rate hike in Q3 insteadJuly is the hot pick, with 26 of 37 respondents expecting a rate hike then28 of 31 respondents expect Trump's tariffs to negatively impact Japan's economy

Interestingly, there is only a small minority expecting a rate hike in either May or June with most expecting one to be in July next.

The current market pricing shows ~14 bps priced in for June with ~19 bps priced in for July.

This article was written by Justin Low at www.forexlive.com.

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