Reuters poll: Most economists expect the Bank of Japan to give up another interest rate hike before the end of the year

While almost 90 per cent of economists still expect the Bank of Japan to raise interest rates by the end of March, a slim majority believe it will forgo another rise this year, according to a Reuters poll. The findings underline the challenges the BoJ faces in normalising policy at a time when most of the world's central banks are leaning towards lower rates and there is uncertainty over the preferences of the new political leadership for monetary policy.