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The Zhitong Finance App learned that the most important change in current market expectations for the Bank of Japan's monetary policy is that the market is unanimously predicting that the central bank will advance interest rate hikes faster than the recent slow pace of interest rate hikes. All 52 economists in the Bloomberg survey expect to raise interest rates on September 18, and about 93% expect to raise interest rates again by January next year; the proportion of interest rate hikes every quarter is expected to drop from 82% in July to only 6% according to Bloomberg's latest economist survey.
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The Zhitong Finance App learned that the most important change in current market expectations for the Bank of Japan's monetary policy is that the market is unanimously predicting that the central bank will advance interest rate hikes faster than the recent slow pace of interest rate hikes. All 52 economists in the Bloomberg survey expect to raise interest rates on September 18, and about 93% expect to raise interest rates again by January next year; the proportion of interest rate hikes every quarter is expected to drop from 82% in July to only 6% according to Bloomberg's latest economist survey.
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