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2025-10-29 14:00:58
[Allianz: Bank of Japan May Avoid Giving the Impression of Holding Rates Unchanged indefinitely] Gregor Hirt, an analyst at Allianz Global, said he expects the Bank of Japan to keep its policy rate unchanged at 0.5% this week, but Kazuo Ueda may try to avoid giving the impression that the central bank will keep rates unchanged indefinitely. In a commentary, he said that while the Bank of Japan seems to be preparing for a rate hike, domestic political uncertainty, international trade tensions, and delayed releases of US economic data all pose challenges to a rate hike. Given the stable Japanese economic data and the undesirable prospect of further yen weakness, the Bank of Japan is expected to lay the groundwork for the next rate hike. He stated that a rate hike is likely to occur in December, but there is a risk of it being delayed until January.
