BBH expects Japan's annual consumer inflation to rise to 2.1% in September from 1.9% in August, with core inflation at 2.1% excluding fresh food and 2.3% excluding fresh food and energy. Interest rate swaps implied less than a 5% chance of a BOJ hike to 1.50% at the Oct. 30 meeting, compared with 80% for the Dec. 18 meeting. These figures reflect BBH's reading of market pricing, not a BOJ decision, and the BOJ's overnight call-rate target is about 1.25%, effective Sept. 24. The Statistics Bureau of Japan is scheduled to publish the national CPI on Oct. 23.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: BBH Says Swaps Put October BOJ Rate Hike Odds Below 5 %
Read the original on econotimes.com ↗
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Related tickers and likely impact
USD/JPY
▲ Likely positiveRelevance: medium
| Market | Currencies |
|---|---|
| Close on 10/19/2026 | 158.532 |
| Change that session | +0.34% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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