Japan · Nation Thailand
Bank of Japan policymaker highlights economic risks of rate rise
Compiled by KHAO Editorial — aggregated from 1 outlet. See llms.txt for citation guidance.
◌ Single Source
The Bank of Japan's (BOJ) latest summary of opinions, published on Tuesday (November 10, 2026), showed support among some policymakers for an early policy interest rate increase, alongside concern about the economic impact of a further rise.
Key facts
- The Policy Board made no change to the policy rate at its October 29–30 meeting, leaving it at around 1.25%.
- A separate forecast from one member put the annual increase in the core consumer price index (CPI), excluding fresh food, above 3% towards the end of the current financial year in March 2027.
- The bank had reached that level in September, three months after increasing the rate by 0.25 percentage point to around 1% in June.
- Members acknowledged that underlying inflation, which excludes temporary influences on prices, had reached the bank's 2% target.
- The perspective of anchoring underlying CPI inflation at around 2% becomes important,”
- Sales will increase from 330 billion yen to 860 billion yen a year starting in January 2027, with the amounts measured using the values recorded in the bank's accounts.
Summary
The Policy Board made no change to the policy rate at its October 29–30 meeting, leaving it at around 1.25%.
The bank had reached that level in September, three months after increasing the rate by 0.25 percentage point to around 1% in June.