Economists Predict Japan Central Bank Rate Hike By End Of 2024

According to Odaily, a recent Reuters survey indicates that 54% of economists believe the Bank of Japan will raise interest rates again by the end of 2024, a slight decrease from 57% in August. None of the surveyed economists expect a rate hike in September. Among the 23 economists who predict a rate hike by the end of the year and specified a month, 78% anticipate it will occur in December, while 22% believe it will happen in October. There is currently no consensus on which Liberal Democratic Party candidate's policies are most likely to stimulate mid-term economic growth.