Key facts
- A majority of Bank of Japan watchers expect another interest rate hike by year-end.
- The Bank of Japan recently raised interest rates to their highest level since 1995.
A survey conducted by Bloomberg indicates that a substantial majority of observers anticipate the Bank of Japan will implement another interest rate increase before the close of the current year. This outlook comes in the wake of the central bank's recent decision to raise its benchmark interest rate, pushing it to the highest point recorded since 1995.