Standard & Poor's Global Market Intelligence: The Bank of Japan is expected to raise interest rates again in December.

Harumi Taguchi, an economist at S&P Global Market Intelligence, said that she expects the Bank of Japan to raise interest rates again in December, despite the peace agreement between the US and Iran. She also mentioned that inflationary pressure may continue to exist. Taguchi stated that while oil prices have fallen due to the peace agreement, it will take time for the energy supply chain to return to normal. She said, "The continued uncertainty about US monetary policy and the persistently weak yen may also increase price pressure." The latest exchange rate for the Japanese yen against the US dollar is around 160.25.