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BUSINESS · OCT 20, 2026
Economists Forecast Bank of Japan Rate Hike in December
The Bank of Japan is expected to raise interest rates to 1.50% in December to combat inflation driven by energy costs and a weak yen.
A majority of economists surveyed by Reuters expect the Bank of Japan to increase interest rates to 1.50% during its December meeting. This anticipated move follows previous rate hikes in June and September, as the central bank attempts to manage inflation pressures caused by rising import costs, energy prices, and a weak yen.
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