Reuters survey: Bank of Japan expected to raise interest rates by 25 basis points in December, with rates reaching 1% by September next year
Jinse Finance reported that a Reuters survey conducted from December 2 to 9 showed that the vast majority of economists expect the Bank of Japan to raise interest rates by 25 basis points to 0.75% at its December meeting, and to increase borrowing costs to at least 1% by the end of September next year. Previously, sources indicated that the Bank of Japan is expected to implement its first rate hike since January at the December meeting. Considering inflation risks and the weakness of the yen, the government led by Prime Minister Sanae Takaichi is expected to tolerate this decision. 90% of economists (63 out of 70) expect the Bank of Japan to raise the short-term interest rate from 0.50% to 0.75% at next week's meeting, a significant increase from 53% in last month's survey. Slightly more than two-thirds of respondents (37 out of 54) said that by the end of September next year, the interest rate will reach at least 1.00%. (Golden Ten Data)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Federal Reserve’s Perli: The Fed’s bond purchases will be adjusted according to market conditions, monitoring signals of financing pressure, and maintaining ample reserves.
New York Fed official Perli stated that the current scale of reserve management bond purchases is zero, and future adjustments will be made according to "evolving market conditions," in order to implement the policy of keeping reserves within an ample range. The New York Fed will continue to monitor senior financial officials' assessments of market conditions and track signs of stress in the funding markets. Market participants expect a new round of large-scale net issuance of short-term Treasury bills in October.
After about one month of launch, the Grok Bot AI agent under SpaceX (SPCX.US) has surpassed 400,000 weekly users.
The AI agent product Grok Bot launched by SpaceXAI has surpassed 400,000 weekly users in about a month since its release, indicating a moderate early demand for the product.
Strategy CEO Phong Le Reveals the One Mistake Behind STRC's 25% Collapse
Anthropic launches the cost-effective Opus 5.5 large model ahead of IPO, intensifying the "cost reduction battle"
Anthropic PBC is launching a new artificial intelligence model designed to handle a wide range of enterprise tasks at a lower cost. The startup is preparing for a highly anticipated debut on Wall Street.
Crypto prices
More
