BOJ Will Hike Rates Again by December, Says 90% of Economists

The Bank of Japan left its benchmark interest rate unchanged in a split vote, increasing the likelihood of a hike at the June meeting. The decision pushed the yen higher, reflecting expectations for tighter monetary policy ahead. This is market-wide relevant given the BOJ's influence on global rates and FX flows.

Analysis

The Bank of Japan left its benchmark interest rate unchanged in a split vote, increasing the likelihood of a hike at the June meeting. The decision pushed the yen higher, reflecting expectations for tighter monetary policy ahead. This is market-wide relevant given the BOJ's influence on global rates and FX flows.