As BOJ rate decision nears, Takaichi government signals openness to hike

Weak yen a factor in Tokyo's stance on raising borrowing costs

20251205N BOJ Ueda KYODO

A Dec. 1 speech by Bank of Japan Gov. Kazuo Ueda has led more market watchers to expect an interest rate hike in December. © Kyodo

JUNTARO ARAI

TOKYO -- With the Bank of Japan set to debate raising its policy rate to 0.75% later this month, Prime Minister Sanae Takaichi's government is showing little opposition to an increase in borrowing costs.

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