Bank of Japan Rate Hike
This is a Japan news story, published by CNBC, that relates primarily to Izumi Devalier news.
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chief Japan economistCNBC
•Japan's central bank to remain undeterred on rate hikes despite LDP's electoral shock, analysts say
78% Informative
Analysts say the Bank of Japan is unlikely to be deterred from its rate hike cycle.
The ruling LDP lost its majority in Japan 's lower house for the first time since 2009 .
The odds that the BOJ will hike this week is "probably close to zero ," says Bank of America's Izumi Devalier .
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