The Bank of Japan decided on an additional rate hike at its Monetary Policy Meeting on the 19th, bringing the policy rate to 0.75%. The rate reached its highest level in 30 years, since 1995, and Governor Ueda (植田) said the Bank would continue adjusting the degree of monetary easing.
The Bank of Japan decided on an additional rate hike at its Monetary Policy Meeting on the 19th, raising the _policy rate by 0.25 percentage points to 0.75%. This brought the rate to its highest level in the past 30 years.
At a press conference, Governor Ueda (植田) indicated that the Bank would continue to adjust the degree of monetary easing appropriately and emphasized the importance of maintaining flexibility in policy management.
The article refers to the outlook from 2026 onward, suggesting that further updates on future developments are awaited.