Over Half of BOJ Watchers See Next Rate Hike Coming in December

Just over half of Bank of Japan watchers see authorities conducting their next rate hike in December, while none expects a policy move when the board meets next week, according to a Bloomberg survey.

Some 87% of 53 economists forecast that the bank will raise borrowing costs by the end of January, with 53% pegging December as the most likely month for the adjustment, according to the poll.