so Emperors decide INTEREST ? not FED or BOJ right ? Emperors has the RIGHT but the WHIP ? Ishiba's U-turn on interest rates surprises market Oct 6, 20240:00 / 3:26. 1X. Prime Minister Shigeru Ishiba's recent remark signaling opposition to interest rate hikes by the Bank of Japan has taken the financial market by surprise, as he had been ...