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2025-12-15 08:30:34
[Japanese Manufacturing Confidence Hits Four-Year High, Adding Key Reason for Bank of Japan to Raise Rates This Week] 1. The Bank of Japan's quarterly Tankan survey released on Monday showed that the business confidence index for large manufacturers rose to 15 from 14 in September, reaching its highest level in four years, in line with market expectations. Meanwhile, the index for large non-manufacturing companies remained high at 34, close to its peak since the early 1990s. 2. This key data indicates that Japanese companies generally believe their business conditions are "favorable" and have so far not been significantly impacted by US tariffs. This strong result further strengthens market expectations that the Bank of Japan will raise interest rates at its meeting this Friday. If the rate hike occurs, it will be the first since January of this year, marking a significant turning point in Japan's monetary policy.
