The Bank of Japan is likely to raise its policy rate by 0.25 percentage point to 1.25% at this month's Monetary Policy Meeting. Against a backdrop of upside risks to prices, the pace of rate hikes is expected to be adjusted flexibly.
The Bank of Japan is reportedly highly likely to raise its policy rate by 0.25 percentage point at this month's Monetary Policy Meeting. The rate is expected to reach 1.25%, with measures expected to reflect concerns about upside risks to prices.
Amid speculation over the meeting's decisions, reports suggest that the pace of rate hikes will be adjusted flexibly depending on conditions. The Bank's response could change depending on future price trends and economic indicators.