Survey: Analysts don't expect the Bank of Japan to raise interest rates in October

Most economists polled by the media expect the BoJ to hold its base rate unchanged next week before raising rates in December or January. Almost all 53 BoJ watchers expect the BoJ to hold its ground on October 31, the survey showed. Some 53 per cent expect the BoJ to raise rates in December, the most popular timing. Those expecting a January rate rise jumped from 19 per cent to 32 per cent, while expectations for a rate rise this month fell.