[Minutes of the Bank of Japan Meeting Suggest Possible Rate Hike in December] On November 10, the summary of opinions from the Bank of Japan's policy meeting indicated that a rate hike could be implemented as early as December. During the two-day meeting that concluded on October 30, the committee voted 7 to 2 to maintain the current interest rate. In the minutes, one member stated that the conditions for normalizing policy rates may have essentially been met and that potential inflation trends need to be examined. The content of the minutes aligns with recent remarks by Governor Kazuo Ueda about 'possible action in the coming months.' Market observers generally expect the Bank of Japan to raise borrowing costs no later than January next year.