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

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
December 6, 2025 09:07 JST
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.