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Government of Japan

Government of Japan

National Government

Appears in 3 stories

Stories

BOJ pushes rates to 0.75%: Japan’s “free money” era starts getting expensive

Rule Changes

Increasingly forced to manage FX optics and inflation politics as higher BOJ rates fail to immediately strengthen the yen

Japan's shift away from ultra-easy money is now colliding with the currency market. After raising rates to 0.75% on December 19, 2025, Governor Kazuo Ueda stressed real rates remain 'very low' or negative and the BOJ will pace tightening while responding flexibly to exceptional long-term yield moves.

Updated Yesterday

Radar lock over Okinawa: Japan–China air clash pulls in the U.S.

Force in Play

Managing simultaneous military, diplomatic, and economic clashes with China while relying on U.S. backing.

Chinese J-15 jets from the carrier Liaoning repeatedly locked targeting radar onto Japanese F-15s near Okinawa on December 6, forcing Japan to scramble jets and file an emergency protest. Days later, Washington publicly accused Beijing of destabilizing behavior and vowed its commitment to Japan was "unwavering."

Updated 6 days ago

China–Japan radar row turns East China Sea and Taiwan tensions into an open crisis

Force in Play

Primary state actor confronting Chinese military activity and redefining Japan’s security role

In early December 2025, China's Liaoning carrier strike group sailed through waters near Japan's southwest island chain and into the western Pacific. Over two days, between Okinawa's main island and Minamidaito and then east of Kikai Island, it conducted roughly 100 take-offs and landings of J-15 fighters and helicopters.

Updated 6 days ago