According to a Reuters survey conducted from December 2 to 9, the vast majority of economists expect the Bank of Japan to raise interest rates by 25 basis points to 0.75% at the December meeting and raise borrowing costs to at least 1% by the end of September next year. Earlier, sources said that the Bank of Japan is expected to implement the first rate hike since January at the December meeting. Given the risk of inflation and the weakening yen, the government led by Japanese Prime Minister Sanae Takaichi is expected to tolerate this decision.

According to a Reuters survey conducted from December 2 to 9, the vast majority of economists expect the Bank of Japan to raise interest rates by 25 basis points to 0.75% at the December meeting and raise borrowing costs to at least 1% by the end of September next year. Earlier, sources said that the Bank of Japan is expected to implement the first rate hike since January at the December meeting. Given the risk of inflation and the weakening yen, the government led by Japanese Prime Minister Sanae Takaichi is expected to tolerate this decision.