According to Jin10, Bank of Japan Governor Kazuo Ueda said on Tuesday that the central bank will continue to gradually raise policy rates and adjust the degree of monetary easing in line with developments in economic activity, prices, and financial conditions, and will consider the timing and pace of adjustments after assessing risks and the likelihood of its economic and price baseline scenario materializing. Economists broadly expect the Bank of Japan to keep policy unchanged at its next meeting, which ends on October 30. Overnight index swap pricing shows investors see about a 12% chance of a rate hike this month, rising to about 90% when the December meeting is included.