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Research
Oct 30, 2025

Preview: BoJ To Keep Rates Unchanged, As Sanae Takaichi Takes Office as New PM

Nouriel Roubini

Brunello Rosa

Nato Balavadze

by Nouriel Roubini, Brunello Rosa and Nato Balavadze

In this paper, we discuss:

  • Our latest assessment of the Japanese economy;
  • Why we expect the BoJ to keep its policy rates unchanged;
  • The slight upward revision to the growth we expect in the new projections;
  • The likely market reaction.

Download PDF: BOJ Preview October 2025

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