BoJ Poll: Experts Predict Rate Hike to 1.25%
A Reuters poll indicates that the Bank of Japan (BoJ) will increase interest rates to 1.25% in September, based on responses from 36 experts.
Half of those polled predicted a terminal rate of 1.75%, up significantly from just 19% last month.
The percentage of respondents choosing '2% or above' as the terminal rate rose to 36%, from 23% in July.