- No economist predict the BOJ would elevate charges in September
- 28 of 52 economists (~54%) count on the BOJ to boost charges by year-end
- Median prediction for year-end rate of interest is 25 bps greater at 0.50%
- Of these anticipating a price hike, 18 of 23 economists anticipate it to be in December
- The remaining 5 economists count on a hike in October as an alternative
Evaluating it to the earlier ballot, it is not an excessive amount of modified. The median prediction for year-end rate of interest is unchanged at 0.50%. In the meantime, the ~54% of respondents anticipating a price hike by year-end is simply down barely from ~57% within the August ballot.
This text was written by Justin Low at www.forexlive.com.
