Potential December Rate Hike by Bank of Japan Analyzed

According to BlockBeats, DBS Bank analyst Ma Tieying has commented on the possibility of the Bank of Japan raising its policy rate by 25 basis points in December. The senior economist anticipates that Japanese labor unions will set their wage negotiation targets for 2026 around November to December. She noted that the Japanese Trade Union Confederation has already indicated a wage growth target of 5% for 2026, consistent with this year's target. Furthermore, the economist mentioned that if the Federal Reserve delays its rate cut during the December meeting, the likelihood of a rate hike by the Bank of Japan in December could increase, providing a window of opportunity for action source: https://www.binance.com/en/square/post/31739398836161?utm_source=BinanceNewsRSS