BOJ to skip rate hike in December, majority of economists say: Reuters poll

Q: How long will it take to read this news story?

The story "BOJ to skip rate hike in December, majority of economists say: Reuters poll" has 750 words across 23 sentences, which will take approximately 4 - 7 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "BOJ to skip rate hike in December, majority of economists say: Reuters poll" was covered 4 hours ago by Channel News Asia, a news publisher based in Singapore.

Q: How trustworthy is 'Channel News Asia' news outlet?

Channel News Asia is a fully independent (privately-owned) news outlet established in 1999 that covers mostly economy and business news. The outlet is headquartered in Singapore and publishes an average of 48 news stories per day. It's most recent story was published 51 minutes ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #24391157</li><li>URL: https://beamstart.com/news/boj-to-skip-rate-hike-17340634054847</li></ul>

Channel News Asia Logo Channel News Asia 4h ago

BOJ to skip rate hike in December, majority of economists say: Reuters poll - Channel News Asia

Quick Summary:

TOKYO : The Bank of Japan will hold interest rates at 0.25 per cent at its December policy meeting as it assesses overseas risks and next year's wage outlook, a majority of economists said in a Reuters poll, in a shift from a survey last month.

Revised third-quarter gross domestic product data released on Monday showed Japan's economy expanded at a faster pace than initially reported, but private consumption was revised down in a sign of the economic recovery's fragile nature.

"If the BOJ is to 'carefully examine the future economic developments and policy management' of the U.S., it would be better to wait until the January meeting next year to confirm the economic situation as well as the policy management of the incoming Trump administration," said Iwashita, a veteran BOJ watcher.