Bank of Japan Expected to Raise Rates to 1.25% in September, Reuters Poll Shows

BitcoinWorld Bank of Japan Expected to Raise Rates to 1.25% in September, Reuters Poll Shows The Bank of Japan is widely expected to raise its benchmark interest rate to 1.25% in September, according to a recent Reuters poll of economists, signaling a continued shift away from its long-standing ultra-loose monetary policy.

What the Reuters Poll Reveals The poll, conducted in early August, surveyed a broad range of economists and market analysts.

A significant majority indicated that the central bank will move to raise rates at its September policy meeting, reflecting growing confidence in Japan’s economic recovery and sustained inflation above the 2% target.

This expected hike would mark another step in the BoJ’s normalization process, following earlier adjustments in 2024 and 2025. The move is seen as a response to robust wage growth and a weakening yen, which has increased import costs and pressured domestic prices.