Prime Minister Takaichi signals caution to BOJ Governor over further interest rate hikes
PM Takaichi reportedly voiced concerns over rate hikes to BOJ Governor Ueda last week. This resistance may delay policy shifts as the yen weakens on the news.
A report published on February 24, 2026, indicated that Prime Minister Sanae Takaichi conveyed reservations about further interest rate hikes by the Bank of Japan 
JP during a meeting with Governor Kazuo Ueda. The report, which was first detailed by the Mainichi daily, triggered an immediate reaction in the foreign exchange market and the Japanese yen, causing the currency to weaken against major counterparts. This interaction took place as the country navigates a period of heightened economic scrutiny.
JP during a meeting with Governor Kazuo Ueda. The report, which was first detailed by the Mainichi daily, triggered an immediate reaction in the foreign exchange market and the Japanese yen, causing the currency to weaken against major counterparts. This interaction took place as the country navigates a period of heightened economic scrutiny.
