Reuters poll:
BOJ to hold key interest rate at 0.25% in December, say 58% of economists vs 44% in November pollBOJ to raise interest rate to at least 0.50% by end-March, 51 of 52 economists sayRate of pay increase in next fiscal year’s labor talks stands at 4.7%, falling short of 5.1% this fiscal year – median forecastU.S. President-elect Trump tariffs to affect Japan economy negatively or somewhat negatively, say 94% of economists
More from Reuters report:
While inflation and wages data show the Japanese economy is
developing as the BOJ had projected, the central bank is mindful
of risks abroad, said Mari Iwashita, chief market economist at
Daiwa Securities.
“If the BOJ is to ‘carefully examine the future economic
developments and policy management’ of the U.S., it would be
better to wait until the January meeting next year to confirm
the economic situation as well as the policy management of the
incoming Trump administration”
This article was written by Eamonn Sheridan at www.forexlive.com.
