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BOJ to raise interest rate again in Q4, majority of economists say: Reuters poll
The Bank of Japan will raise its key interest rate by at least 25 basis points in the October-December quarter, a majority of economists said in a Reuters poll, down from nearly two-thirds a month ago. Even as markets expect the U.S. Federal Reserve to cut interest rates next week, 93 per cent of analysts in the September 2-9 poll who answered an extra question said that would not delay the BOJ's push for slightly tighter monetary conditions. All but three of 68 economists surveyed forecast no change to interest rates at the BOJ's upcoming September 18-19 policy meeting. The Fed meets September 16-17. However, 55 per ... (full story)