Bank of Japan and Takaichi Cabinet: Implement Monetary Policy That Takes Yen’s Depreciation into Account
Editorial
15:00 JST, November 2, 2025
The troubling issue of high prices that the Japanese economy is facing is significantly influenced by the depreciation of the yen. It is crucial for the Bank of Japan to manage monetary policy while maintaining communication with the government and keeping a close eye on the foreign exchange market.
Following the launch of the Cabinet of Prime Minister Sanae Takaichi, the BOJ has held its first Monetary Policy Meeting and left the policy rate unchanged at around 0.50%. This marks the sixth consecutive meeting to keep the rate unchanged since a hike in January this year.
The BOJ ended its large-scale monetary easing policy in March last year and is now working to normalize its monetary policy. It has indicated its intention to raise interest rates in response to improvements in the economy and the........





















Toi Staff
Gideon Levy
Sabine Sterk
Tarik Cyril Amar
Stefano Lusa
Mort Laitner
John Nosta
Ellen Ginsberg Simon
Gilles Touboul
Mark Travers Ph.d
Daniel Orenstein