Institution: The conditions for the Central Bank of Japan to raise interest rates are already in place

On December 19th, Jinshi Data reported that Takumi Tsunoda, a senior economist at the Shinkin Central Bank Research Institute, said, 'The Japanese Central Bank may decide to miss an opportunity and believe that waiting for another month to confirm the trend is acceptable. However, the conditions for another interest rate hike have already been met. Japan's inflation is showing a slight upward trend, and due to the weakness of the yen, import prices have started to rise slightly. The Japanese Central Bank should be able to easily raise interest rates at the meeting in January next year.'