BOJ Likely to Raise Rates in September Instead of October -- Market Talk

0501 GMT - The BOJ is likely to raise rates in September instead of in October, say two economists at Barclays, as they frontload their rate-hike call. The Summary of Opinions from the BOJ's July 30-31 meeting released today "sounded more hawkish overall than Gov. Ueda's remarks and gave an impression that policymakers are positive about deciding on a rate hike at the September meeting," the economists say. Barclays now forecasts three BOJ rate increases: September 2026, January 2027 and July 2027, with a terminal rate of 1.75%, compared with prior projections of two rate hikes in October and April, with a terminal rate of 1.5%. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

August 10, 2026 01:01 ET (05:01 GMT)