Major Brokerages Forecast BOJ Rate Hike in December
Following the Bank of Japan raising interest rates to a thirty-one year high in September, multiple major global brokerages expect another rate hike to occur this coming December. Additional monetary policy tightening is broadly projected to continue throughout the course of 2027.
Insights:
Major global brokerages expect the BOJ to deliver its next interest rate hike in December, with further tightening stretching through 2027. The policy rate currently stands at 1.25% following a move in September to a 31-year high. Investors are recalibrating portfolios as the central bank shifts its focus toward preventing inflation from overshooting its target.
