The Bank of Japan is holding a monetary policy meeting from today, with discussions under way on raising the policy rate to around 1.25% to contain upside risks to prices. The focus will be on the decision amid factors pushing up prices, including worsening conditions in the Middle East and the weaker yen.
The Bank of Japan will begin its monetary policy meeting today. According to reports, a hike in the policy rate to around 1.25% is becoming increasingly likely in an effort to contain upside risks to prices.
Ahead of the meeting, it has been reported that factors pushing up prices, including worsening conditions in the Middle East and the weaker yen, have emerged one after another, drawing attention to whether the rate will be raised.
The success or failure of this decision is expected to affect future price trends and financial market stability.