According to the latest survey, more than 80% of Bank of Japan observers expect that the bank's next rate hike will take place in December, and no one expects to raise interest rates at the policy meeting ending on October 30. About 83% of economists expect the Bank of Japan to further raise the current policy interest rate of 1.25% at the policy meeting that ends on December 18. By contrast, only 35% of economists in last month's survey expected interest rate hikes in December, and the most common expectation at the time was that the next rate hike would be in January next year.

According to the latest survey, more than 80% of Bank of Japan observers expect that the bank's next rate hike will take place in December, and no one expects to raise interest rates at the policy meeting ending on October 30. About 83% of economists expect the Bank of Japan to further raise the current policy interest rate of 1.25% at the policy meeting that ends on December 18. By contrast, only 35% of economists in last month's survey expected interest rate hikes in December, and the most common expectation at the time was that the next rate hike would be in January next year.