Barclays economists said Bank of Japan policy board member Asada may again vote against a rate hike in December if one is proposed. He signalled he is not opposed to the tightening path itself but is negative on continuing hikes at the recent roughly quarterly pace, saying sustained increases would cool demand; he flagged weak private consumption and judged recent price gains not necessarily demand-driven. Asada opposed the September hike.

2026-11-12

Barclays economists said Bank of Japan policy board member Asada may again vote against a rate hike in December if one is proposed. He signalled he is not opposed to the tightening path itself but is negative on continuing hikes at the recent roughly quarterly pace, saying sustained increases would cool demand; he flagged weak private consumption and judged recent price gains not necessarily demand-driven. Asada opposed the September hike.