A CNBC survey of 16 economists and analysts found all expect the Bank of Japan to keep its policy rate at 1.25% at the end of its two-day meeting on Friday. Most expect a rate hike in December or January next year as domestic inflation and wages keep rising, with core inflation excluding fresh foods at 2.1% and inflation-adjusted wages up 1.5% from a year earlier. Some analysts see no clear sign inflation is accelerating enough to justify consecutive hikes, and say the policy board may lack consensus given the fragile domestic bond market. The 10-year JGB yield is expected to reach 3% to 3.1% by year-end, up from 2.809%, while the terminal rate is seen at 1.75% to 2% by around mid-2027.
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Related tickers and likely impact
USD/JPY
▼ Likely negativeRelevance: medium
| Market | Currencies |
|---|---|
| Close on 10/26/2026 | 157.500 |
| Change that session | +0.42% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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