The Bank of Japan's two-day policy meeting this week ends with a rate decision and a new quarterly Outlook Report. A CNBC survey of economists published Oct 27 expects the BoJ to stand pat, though with a hawkish tone that keeps a later hike on the table. Watch for dissenting votes and the governor's guidance at the press conference. The rate decision in the BoJ's official statement settles it. Resolves YES if the BoJ's official October statement leaves the short-term policy rate unchanged, NO if it changes it in either direction.
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The Bank of Japan's two-day policy meeting this week ends with a rate decision and a new quarterly Outlook Report. A CNBC survey of economists published Oct 27 expects the BoJ to stand pat, though with a hawkish tone that keeps a later hike on the table. Watch for dissenting votes and the governor's guidance at the press conference. The rate decision in the BoJ's official statement settles it. Resolves YES if the BoJ's official October statement leaves the short-term policy rate unchanged, NO if it changes it in either direction.
See what others are saying about this prediction