The Bank of Japan is expected to leave its policy rate unchanged at its monetary policy meeting on the 29th and 30th. It has been reported that the December meeting may hold serious discussions on a rate hike for the first time in three months.
The Bank of Japan is believed to be considering leaving its current policy rate unchanged at its meeting at the end of this month. Some in the market expect the central bank to signal that it will maintain the current level of monetary easing.
There is discussion of the possibility that the December meeting, which follows this meeting, will hold serious discussions on a rate hike for the first time in three months. The course of the discussions on the decision will be a focus.
Upside risks to prices have been flagged for two consecutive meetings, drawing attention as a factor that could affect policy operations going forward.