Bank of Japan is expected to hold rates this week — but stay hawkish: CNBC survey
Summary
A recent survey indicates that the Bank of Japan will likely keep interest rates unchanged at its upcoming meeting. However, analysts expect policymakers to signal a potential rate increase for December or January due to ongoing growth in inflation and wages.
All survey respondents said they expect the BOJ to set the stage for a rate hike in December or January, as inflation and wages continue to rise.
Source: Read the full story at US Top News and Analysis
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