The Bank of Japan is expected to raise interest rates by 25 basis points to a 30-year high at the meeting on December 19 (Friday) to address the weakness of the yen and domestic inflation. The market is paying attention to this meeting not only for the interest rate decision but also to find clues for the normalization path of policy in 2026. However, the Bank of Japan may not provide clear guidance on the terminal interest rate but will remain cautious and data-dependent, leaving the future direction of interest rates uncertain. #日本加息