According to CoinMeta, as reported by Nikkei News, the Bank of Japan plans to maintain its policy interest rate at 1.25% during the monetary policy meeting scheduled for October 29th to 30th. The Bank of Japan decided to raise interest rates at its last meeting in September, and this time it will observe the effects of that decision. It is likely that the Bank of Japan will indicate that the underlying inflation rate, after excluding temporary fluctuations, has actually reached the target level of 2%. In the future, the Bank of Japan will focus on preventing the inflation rate from exceeding 2% and keeping it stable, while also looking for the appropriate timing to raise interest rates further. It is expected that nine members of the policy committee will vote in favor of maintaining the policy interest rate unchanged.