BOJ to hike in December, seek terminal rate of 2%, says ex-central bank top economist
Published . Updated .
Covered by 5 outlets: SRN News, StreetInsider, CNA, Reuters, TradingView.
Who covered it: Center 1 · Not rated 4. How we rate outlets
Key takeaways
- By Leika Kihara TOKYO, Nov 6 (Reuters) – The Bank of Japan is expected to raise interest rates in December and keep lifting borrowing costs next year until they reach 2% to combat mounting inflationary pressure, the central bank’s former top economist Seisaku Kameda said on
- Exposed: EWJ, BWX, EFA, MUFG, TM
- Market reaction: price tracking starts with the next trading session.
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By Leika Kihara TOKYO, Nov 6 (Reuters) – The Bank of Japan is expected to raise interest rates in December and keep lifting borrowing costs next year until they reach 2% to combat mounting inflationary pressure, the central bank’s former top economist Seisaku Kameda said on
Directly affected
- No company is named in this report.
Indirectly affected
- EWJ iShares MSCI Japan ETF+0.3% 18d
iShares MSCI Japan ETF holds stocks listed in Japan, which this story is about (“boj”).
- BWX SPDR Bloomberg International Treasury Bond ETF
SPDR Bloomberg International Treasury Bond ETF holds government bonds outside the US, which react to inflation and interest-rate news like this one in Japan
- EFA iShares MSCI EAFE ETF-1.5% 7d
iShares MSCI EAFE ETF is a broad fund of developed-market stocks that includes Japan
- MUFG Mitsubishi UFJ Financial Group
Mitsubishi UFJ Financial Group (commercial banks) is one of the largest Japan-based companies traded in the US, so news about Japan (“boj”) reaches its shares.
- TM Toyota Motor+2.6% 30d
Toyota Motor (motor vehicles and passenger car bodies) is one of the largest Japan-based companies traded in the US, so news about Japan (“boj”) reaches its shares.
- SONY Sony Group+8.7% 30d
Sony Group (household audio and video equipment) is one of the largest Japan-based companies traded in the US, so news about Japan (“boj”) reaches its shares.
- MFG Mizuho Financial Group-11.6% 30d
Mizuho Financial Group (national commercial banks) is one of the largest Japan-based companies traded in the US, so news about Japan (“boj”) reaches its shares.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| EWJ | +5.20% | +4.86% | base | after close | after close | after close | after close |
| BWX | -0.42% | -0.91% | base | after close | after close | after close | after close |
| EFA | +0.66% | +0.40% | base | after close | after close | after close | after close |
| MUFG | +2.18% | +0.71% | base | after close | after close | after close | after close |
| TM | -10.68% | -11.90% | base | after close | after close | after close | after close |
| SONY | -8.10% | -7.82% | base | after close | after close | after close | after close |
| MFG | +3.19% | +1.76% | base | after close | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
BOJ to hike in December, seek terminal rate of 2%, says ex-central bank top economist SRN News
Source: SRN News
The price since 6 Nov 2026: Ishares (EWJ) versus the S&P 500
| Company | When | Move | Status |
|---|---|---|---|
| Spdr Series Trust (BWX) | three days earlier | -0.91% | final price |
| Spdr Series Trust (BWX) | five days earlier | -0.42% | final price |
| Ishares Tr (EFA) | three days earlier | +0.40% | final price |
| Ishares Tr (EFA) | five days earlier | +0.66% | final price |
| Ishares (EWJ) | three days earlier | +4.86% | final price |
| Ishares (EWJ) | five days earlier | +5.20% | final price |
| Mizuho Financial Group (MFG) | three days earlier | +1.76% | final price |
| Mizuho Financial Group (MFG) | five days earlier | +3.19% | final price |
| Mitsubishi Ufj Financial Group (MUFG) | three days earlier | +0.71% | final price |
| Mitsubishi Ufj Financial Group (MUFG) | five days earlier | +2.18% | final price |
| Sony Group (SONY) | three days earlier | -7.82% | final price |
| Sony Group (SONY) | five days earlier | -8.10% | final price |
| Toyota Motor Corp/ (TM) | three days earlier | -11.90% | final price |
| Toyota Motor Corp/ (TM) | five days earlier | -10.68% | final price |
Congressional trades in Ishares (EWJ) around 6 Nov 2026
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
Who gains and who loses around Ishares (EWJ)
Companies tied to this story
- EWJ Ishares
In “BOJ to hike in December, seek terminal rate of 2%, says ex-central bank top economist,” Ishares (EWJ) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI Japan ETF holds stocks listed in Japan, which this story is about (“boj”)
- BWX Spdr Series Trust
For “BOJ to hike in December, seek terminal rate of 2%, says ex-central bank top economist,” Spdr Series Trust (BWX) is linked, with no stored direction, medium confidence. Reason on file: SPDR Bloomberg International Treasury Bond ETF holds government bonds outside the US, which react to inflation and interest-rate news like this one in Japan
- EFA Ishares Tr
In “BOJ to hike in December, seek terminal rate of 2%, says ex-central bank top economist,” Ishares Tr (EFA) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI EAFE ETF is a broad fund of developed-market stocks that includes Japan
- MUFG Mitsubishi Ufj Financial Group
For “BOJ to hike in December, seek terminal rate of 2%, says ex-central bank top economist,” Mitsubishi Ufj Financial Group (MUFG) is linked, with no stored direction, medium confidence. Reason on file: Mitsubishi UFJ Financial Group (commercial banks) is one of the largest Japan-based companies traded in the US, so news about Japan (“boj”) reaches its shares
- TM Toyota Motor Corp/
Toyota Motor Corp/ (TM) is linked, with no stored direction, medium confidence in the 6 Nov 2026 story “BOJ to hike in December, seek terminal rate of 2%, says ex-central bank top economist.” Reason on file: Toyota Motor (motor vehicles and passenger car bodies) is one of the largest Japan-based companies traded in the US, so news about Japan (“boj”) reaches its shares
- SONY Sony Group
In “BOJ to hike in December, seek terminal rate of 2%, says ex-central bank top economist,” Sony Group (SONY) is linked, with no stored direction, medium confidence. Reason on file: Sony Group (household audio and video equipment) is one of the largest Japan-based companies traded in the US, so news about Japan (“boj”) reaches its shares
- MFG Mizuho Financial Group
For “BOJ to hike in December, seek terminal rate of 2%, says ex-central bank top economist,” Mizuho Financial Group (MFG) is linked, with no stored direction, medium confidence. Reason on file: Mizuho Financial Group (national commercial banks) is one of the largest Japan-based companies traded in the US, so news about Japan (“boj”) reaches its shares
Ishares (EWJ)
On 6 Nov 2026, “BOJ to hike in December, seek terminal rate of 2%, says ex-central bank top economist” is the story that connects Ishares (EWJ) to this story.
Ishares (EWJ) is on the page because iShares MSCI Japan ETF holds stocks listed in Japan, which this story is about (“boj”)
Also listed, Spdr Series Trust (BWX): SPDR Bloomberg International Treasury Bond ETF holds government bonds outside the US, which react to inflation and interest-rate news like this one in Japan
Dates and price levels for Ishares (EWJ)
EFA traded between 102.00 and 104.68 across 6 sessions. The latest close on file is 103.46. EWJ traded between 95.11 and 99.98 across 15 sessions. The latest close on file is 97.33.
How strong the case is around Ishares (EWJ)
77 out of 100
“BOJ to hike in December, seek terminal rate of 2%, says ex-central bank top economist” scores 77 out of 100. The score uses 5 sources, and 7 linked companies.