BOJ to speed up its tightening campaign, raise key rate to 1.25% in September: Reuters poll

TOKYO, Aug 26 : The Bank of Japan will move more swiftly than previously expected and raise interest rates again in September, a majority of economists said in a Reuters poll, with the terminal rate also likely to be higher.Poll results reflect in part the Japanese central bank's growing wariness about inflation stemming from the U.S.-Israeli war with Iran, but also persistent selling pressure on the yen, despite last month's rare Japan-U.S. currency intervention. Reuters reported earlier this month that the BOJ was set to raise rates as soon as ‌September and was considering hiking more aggressively thereafter, compared with its current pace of roughly twice a year.A nudge from U.S. Treasury Secretary Scott Bessent also strengthened expectations the BOJ will move in September. The August