Japan's central bank seen holding rates steady in October, may hike in December

Briefing by News4U · First published

Sources say the Bank of Japan will keep rates unchanged at its Oct 29-30 meeting but may raise its 2027 inflation forecast and leave room for a December hike.

The Bank of Japan is expected to leave interest rates unchanged at its Oct 29-30 policy meeting, according to multiple sources, while slightly lifting its 2027 fiscal-year core inflation forecast to reflect higher oil prices. [1] [2]

The sources said the bank will continue to stress inflation risks and maintain its view that financial conditions remain accommodative, keeping the door open for a possible rate increase as early as December. [1] [2]

Sources

  1. 快讯

    Wall Street CN · · Full text

  2. 消息称日本央行10月会议将维持利率不变，并小幅上调下财年通胀预期

    Sina Finance · · Full text

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