BOJ to raise interest rates next quarter with expectations unchanged by Middle East war: Reuters poll

try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Trump signals war end, but strategist warns risks far from over TACO? Wolfe says Trump is ’eyeing the exits even sooner than we anticipated’ Wall Street closes marginally lower amid uncertainty over Iran conflict end Gold prices rise, helped by a softer dollar and sliding oil prices (South Africa Philippines Nigeria) BOJ to raise interest rates next quarter with expectations unchanged by Middle East war: Reuters poll By Economy Published 03/11/2026, 12:09 AM Updated 03/11/2026, 12:12 AM BOJ to raise interest rates next quarter with expectations unchanged by Middle East war: Reuters poll 0 Japanese Yen US Dollar -0.12% CL -0.92% By Satoshi Sugiyama TOKYO, March 11 - The Bank of Japan will keep its key interest rate at 0.75% next week but likely raise it to 1.00% by end-June, a Reuters poll found, expectations that are broadly unchanged from before the start of the U.S.-Israeli war against Iran. War in the Middle East has stoked global inflation fears due to escalated oil prices, complicating the policy path for central banks as they grapple with negative supply shocks and potential hits to economic growth. Given Japan’s heavy reliance on Middle Eastern oil, the BOJ may be more compelled to raise rates as higher crude prices and a weaker yen raise import costs. However, the oil market has also seen sharp swings and its outlook remains highly uncertain. But for now, expectations have remained broadly similar to a poll last month, as has the stance of policymakers. In a March 2-9 Reuters survey, all 64 respondents said the BOJ would keep rates unchanged at 0.75% on March 19. But 60% of economists, 37 of 62, predicted the policy rate would reach 1.00% by end-June, largely unchanged from 58% in February’s poll. Of 44 economists who specified a month for the next rate hike, June was the top pick at 32%. Another 30% chose July, while 27% selected April. "The BOJ would probably be unable to delay the pace of interest ...