Just over half of economists surveyed expect the Bank of Japan to hike rates in December ...Middle East

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Just over half of economists surveyed expect the Bank of Japan to hike rates in December
Survey on what to expect from the Bank of Japan conducted by ReutersIn summary:Rate Hike Expected in December: 56% of economists expect the Bank of Japan (BOJ) to raise interest rates at its December meeting, driven by yen depreciation and improving economic conditions.Rate Projections:90% of economists predict the BOJ will raise rates to 0.50% by the end of March 2025.The median terminal rate forecast is 1.00%, with estimates ranging between 0.50% and 2.50%.Impact of Trump’s Presidency:96% of economists believe Donald Trump’s return to the U.S. presidency will prompt the BOJ to hike rates further, as his policies are expected to stoke inflation globally.Factors Driving BOJ Action:Sustained

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