The impact of higher interest rates on public finances was raised in general questions and taken up as an agenda item. At its Monetary Policy Meeting on the 18th of this month, the Bank of Japan set the policy rate at 1.25%.
With the chair's permission and in accordance with the notice, a general question was raised on the agenda item "The Fiscal Impact of Rising Interest Rates."
At its Monetary Policy Meeting on the 18th of this month, the Bank of Japan decided to set its policy rate at 1.25%.