[Nomura: Japanese Prime Minister's Economic Blueprint May Influence BOJ Rate Hike Timing] Deep Tide TechFlow reports that on July 2, 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 block further rate hikes, it could delay the timing of the Bank of Japan's next move. He said: 'Even if the government opposes, the Bank of Japan will raise rates when it deems necessary, but it may to some extent respect the government's preferences on the timing of rate hikes.' He also added: 'Government pressure opposing BOJ rate hikes could further weaken the yen exchange rate and lead to a decline in bond prices, which would undermine the stability of the country's economy and financial markets.' (Jin10)