0320 GMT - A stronger electoral mandate is unlikely to prompt Prime Minister Sanae Takaichi to begin intervening in monetary policy matters at the Bank of Japan, Capital Economics says in a note. While Takaichi previously described the Bank's rate hikes as "stupid," she adopted the tradition of respecting the central bank's authority over monetary policy after assuming the premiership, says Marcel Thieliant, head of Asia-Pacific. "That said, Takaichi will probably try to steer the composition of the Board in a more dovish direction," given the terms of four of the BOJ's nine policy board members including hawks Tamura and Takata are expiring in the coming years, he adds. (jason.chau@wsj.com)
(END) Dow Jones Newswires
February 08, 2026 22:20 ET (03:20 GMT)
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