⚡A former Bank of Japan official said the central bank could raise its policy rate in October.

What it means

The Bank of Japan (BOJ) could raise its benchmark interest rate for a second consecutive month in October, according to former BOJ executive director Kazuo Momma. Momma estimated a 20–30% probability of such a move, which would follow September's hike to 1.25% and come sooner than many economists expect.

Accuracy & sourcesSourced

The claim is an opinion from a named former senior BOJ official, reported by Bloomberg (a reputable financial news outlet). Bloomberg is the primary source for the quote, and multiple secondary outlets have republished it. The estimate (20–30% odds) is a subjective judgment, not a central bank commitment, but the reporting itself is solid.

How new

This is genuinely new coverage from late September 2026, based on remarks made during that week; it is not a resurfaced older item.

Past coverage

We covered a supporting data point on 2026-09-26: 'BOJ's price trend indicator quickens in support of another rate hike', which provides context that domestic inflation pressures may be building.

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