TechFlow, September 15 — According to Jinshi Data, three members of Goldman Sachs' economic research team indicated that from a risk management perspective, the Bank of Japan is likely to keep its current policy interest rate unchanged at this week's meeting.
The researchers stated that although Japan's economic and price indicators released after the July meeting show the domestic virtuous cycle continues, the impact of tariff hikes has recently started to appear in the data.
They added that Japanese exports and production are showing weakness, particularly evident in the automotive sector, while manufacturing operating profits have also declined. Goldman Sachs maintains its base-case forecast that the Bank of Japan's next rate hike will occur in January 2026.
