# BOJ to hike in December, seek terminal rate of 2%, says ex-central bank top economist

- URL: https://talkfuse.com/story/boj-to-hike-in-december-seek-terminal-rate-of-2-says-ex-central-bank-top-economist/
- Published: 2026-11-06T07:42:00+00:00
- Updated: 2026-11-06T08:23:24+00:00
- Original publisher: CNA (publisher lean: Centre)
- Original article: https://www.channelnewsasia.com/business/boj-hike-in-december-seek-terminal-rate-2-says-ex-central-bank-top-economist-6530521
- Topics: World

## Key points

- Kameda expects a December BOJ rate rise.
- He forecasts rates reaching 2 per cent.
- Persistent market turmoil could delay the move.

## Summary

Former Bank of Japan economist Seisaku Kameda expects the central bank to raise interest rates in December and continue increasing them next year towards 2 per cent. The forecast matters because inflation is strengthening and the BOJ has signalled a firmer effort to contain it.

Kameda said the policy rate could reach 1.5 per cent in December, followed by increases roughly once a quarter; if markets remain unstable, the next move could come in January instead. He said a prolonged market slump or a severe US downturn could delay tightening, while rising food and import costs are adding to inflation and a planned food sales tax cut may support consumption.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.