Institution: The limited time for communication with the government is the reason why the Bank of Japan is finding it difficult to act in this meeting.

GateNews

2025-10-30 06:33:28

On October 30, Jin10 reported that Kazutaka Maeda, an economist at Meiji Yasuda Research Institute, stated that due to limited communication time with Japanese Prime Minister Sanae Takaichi, the Bank of Japan is unlikely to make any policy adjustments this time. On the other hand, although Takaichi seems to disapprove of interest rate hikes, she is not absolutely opposed to them. If communication between the Bank of Japan and Takaichi progresses smoothly, there is still a possibility of an interest rate hike in December. Additionally, recent remarks by U.S. Treasury Secretary Yellen regarding the Bank of Japan may also provide support for an interest rate hike.

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