BOJ Watchers Still Predict Next Rate Hike in October or January

Bank of Japan watchers increasingly expect authorities to raise the benchmark interest rate either in October or January, according to a Bloomberg survey conducted before US President Donald Trump announced a trade deal with Japan.

All 56 economists forecast Governor Kazuo Ueda’s board will leave the benchmark rate at 0.5% at the July 31 conclusion of its next two-day policy meeting, according to the poll.