🔴Expectations for the Bank of Japan to Raise Interest Rates Next Week

♦️During its meeting on December 18 and 19, the Bank of Japan intends to raise the main interest rate from 0.50% to 0.75%.

♦️The bank's decision is due to the weakness of the yen, which has affected import costs and inflation.

♦️A survey conducted by "Reuters" revealed that 90% of economists expect an interest rate hike, with a majority of participants predicting that borrowing costs will reach at least 1% by September 2026, as the central bank seeks to recalibrate its accommodative monetary policy.$MKR