BOJ WILL RAISE RATES AGAIN BY END-YEAR
The Bank of Japan will raise interest rates again by year-end. The findings reflect analysts' conviction the BOJ is undeterred from gradually retreating from decades of huge monetary stimulus even as its global peers, including the U.S. Federal Reserve, tilt toward interest rate cuts.
In the August 13-19 poll, 57% of economists, or 31 of 54, said the BOJ would raise borrowing costs again by the end of the year. The median prediction for the rate at end-year was 25 basis points higher, at 0.50%.
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