Deep Tide TechFlow news, July 02 - Nomura Research Institute economist Takahide Kiuchi stated that if Japanese Prime Minister Sanae Takaichi uses her "Basic Policy" economic blueprint (expected to receive cabinet approval this month) to prevent further interest rate hikes, this could delay the timing of the Bank of Japan's next move. He said: "Even if the government opposes it, the Bank of Japan will raise rates when it deems necessary, but it may respect the government's wishes regarding the timing of the rate hike to some extent." He added: "Government pressure against the Bank of Japan's rate hike could further weaken the yen and lead to lower bond prices, which would destabilize the country's economy and financial markets." (Jin Shi)