Reuters poll: 59% of economists surveyed believe the Bank of Japan will raise interest rates in July

The latest Reuters poll reported that 59% of the 39 economists surveyed predict that the Bank of Japan will raise interest rates in July, and 13% think it may raise interest rates earlier in May. More than 65% of economists said that the Bank of Japan will raise its key rate to 0.75% in the third quarter. 61 economists agreed that the Bank of Japan will leave its current key rate unchanged at 0.50% on March 19.
According to the median forecast, the Bank of Japan's interest rate is expected to reach 1.00% by the end of March 2026, and this end point interest rate expectation is consistent with the survey results in November last year. (Jin Ten)