The Bank of Japan’s decision to raise the pace of rate hikes from once every six months to twice that speed has been reported, highlighting the difficulty of policy management amid concerns over an economic downturn.
The Bank of Japan accelerated the pace of rate hikes from roughly once every six months to twice that pace. The developments in monetary policy, including coordination at the October meeting, are explained.
In connection with the government’s Cabinet appointments, the Cabinet approved the appointment of 27 senior vice ministers and 28 parliamentary vice-ministers. This reportedly includes 10 people linked to the Liberal Democratic Party’s faction slush-funds scandal.
Fukushima Governor Uchibori (内堀) requested a meeting and reportedly expressed concern about the minister for reconstruction also holding another portfolio. A bid-rigging conviction during the tenure of the Hirakata mayor was reported in related coverage.
The article also includes headlines and links to other political and regional news, covering multiple topics.