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TOKYO - The Bank of Japan will raise interest rates again in 2024, according to two-thirds of economists polled by Reuters, but there was no clear consensus on when exactly the move would come.
Chiyuki Takamatsu, chief economist at Fukoku Mutual Life Insurance, said the BOJ will be inclined to raise rates in July as consumers' price expectations increase. Just under one-third of economists, or 17 of 55, forecast the BOJ will raise rates to either 0.20% or 0.25% in the October-December quarter, the survey showed.
Of a smaller sample of 36 economists who provided a specific forecast for which month the BOJ would next hike rates in, October was the top pick with 36%, followed by"2025 or later" with 31%, and 19% for July.
France Dernières Nouvelles, France Actualités
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