Bank of Japan set to raise key rate in September, Reuters poll shows
The Bank of Japan will raise interest rates again in September, according to a Reuters poll of economists published on Tuesday. Fifty-seven per cent of surveyed economists expected the central bank to move next month.
The August 17-24 survey followed a June rate increase to 1 per cent. Nearly two-thirds of analysts projected the policy rate to reach at least 1.5 per cent by the end of March next year, Channel NewsAsia business reports.