Bank of Japan seen poised to hike interest rates in Q4, poll shows

A Reuters poll published October 22 2025 suggests the Bank of Japan is likely to lift its key short-term interest rate from 0.50% to 0.75% by the end of March 2026, with many economists expecting the first hike as early as this quarter. The yen’s depreciation and inflationary pressure are cited as triggers. While domestic politics may delay timing, policy direction should remain upward. Markets are increasingly pricing the next rate move amid global tightening cycles.