BOJ to forego July rate hike, over three-quarters of economists say: Reuters poll

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TOKYO : The Bank of Japan will skip raising interest rates at its policy-setting meeting at the end of July as it looks to boost tepid economic growth, more than three-quarters of economists said in a Reuters poll.

The bank will likely trim this year's economic growth forecast this month, Reuters previously reported.

That is up from 61 per cent in the previous poll last month.

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Category: EconomyBusiness

Markets: SingaporeJapanMali

Topics: Rates Bond Economists Raising Bank Cent July Japan Poll Trillion Month

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-19 @ 12:12:22 (2 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 602 words

Reading Time: 4 minutes read

Sentences: 23 lines

Sentence Length: 27 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 21680692

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Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

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