According to reports from Jinshi Data, due to the possibility that the opposition party, which supports tax cuts and loose monetary policy, may gain influence after the Senate elections, the Bank of Japan may face political pressure to maintain low interest rates for a longer period. Polls indicate that the coalition led by Prime Minister Shigeru Ishiba may lose its majority in the Senate, leading to a deadlock between the two houses, with the opposition party gaining more influence in decision-making. Some analysts believe that the opposition's pressure on the Bank of Japan to avoid interest rate hikes and on the government to cut consumption tax could increase government bond yields, hindering the normalization of monetary policy. The chief economist of UBS SuMi Trust Asset Management stated that the ruling coalition has a 50% chance of losing its Senate majority, which could trigger a debate on lowering the consumption tax rate, pushing up long-term interest rates.