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BOJ set to raise key rate to 1.0% in June, 1.25% by year-end: Reuters poll

BOJ set to raise key rate to 1.0% in June, 1.25% by year-end: Reuters poll TOKYO, June 10 : The Bank of Japan will raise its key interest rate this month and again in the fourth quarter, taking borrowing costs to 1.25 per cent by year-end, as it grows more wary of inflation risks than downside hazards to the economy, a Reuters poll of economists showed. BOJ Governor Kazuo Ueda all but cemented a June rate hike in a speech last week, marking a clear shift in the central bank's narrative...

Channel News Asia 4h ago