Reuters survey: Most economists expect that the Central Bank of Japan will abandon further interest rate hikes by the end of the year.

According to a report by Golden Finance, a survey conducted by Reuters shows that although nearly 90% of economists still expect the Bank of Japan to raise interest rates before the end of March next year, a slight majority of economists believe that the Bank of Japan will abandon further interest rate hikes this year. The released survey results highlight the challenges faced by the Bank of Japan in promoting policy normalization. Currently, most central banks around the world tend to lower interest rates, and there is uncertainty about the preferences of the new political leadership for monetary policy.