BOJ to raise interest rate to at least 0.50% by end of March, 51 of 52 economists say

Reuters account:

BOJ to keep key interest rate at 0.25% in December, say 58% of economists against 44% in a November poll
BOJ to raise interest rate to at least 0.50% by end of March, 51 of 52 economists say
The rate of pay increases in labor negotiations next fiscal year is 4.7%, falling below the 5.1% this fiscal year – median forecast
US President-elect Trump's tariffs to affect Japan's economy negatively or somewhat negatively, say 94% of economists

More from the Reuters report:

While inflation and wage data show that the Japanese economy is developing as the BOJ had projected, the central bank is aware of risks abroad, said Mari Iwashita, chief market economist at Daiwa Securities.
“If the BOJ is going to carefully scrutinize economic developments and the management of US policy in the future, it would be better to wait until a meeting in January next year to further confirm the state of the economy.” on the policy management of the incoming Trump administration.

This article was written by Eamonn Sheridan at www.forexlive.com.