Economists now more split on next BOJ rate hike - poll ...Middle East

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52% of economists expect the BOJ to hike rates to 0.75% in Q3 (previously 70% in March)84% of economists expect no change at the next two BOJ meeting decisions on 1 May and 17 June28% of economists see July as the specific month for BOJ to hike rates next21% of economists see September as the specific month for BOJ to hike rates next23% of economists see the BOJ only hiking rates in 2026 or later (previously 0%)

Amid the volatility in markets and threat to the Japanese economy, we're clearly seeing analysts push back their outlook on when the next rate hike might materialise. There weren't any that expected the BOJ to only hike again next year, but now we're seeing a small quarter predicting that. As for the Japanese economy itself, 87% of economists see a recession this year as being unlikely.

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

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