At its Monetary Policy Meeting on the 18th, the Bank of Japan decided to raise the policy rate to around 1.25%, marking its first rate hike in three months. As vigilance over the risk of rising prices intensifies, attention is turning to future interest rate trends.
At its Monetary Policy Meeting held through the 18th, the Bank of Japan decided to raise the policy rate to around 1.25%. This is the first rate hike in three months, since June this year.
The article states that the decision was made against a backdrop of heightened vigilance over the risk of a substantial rise in prices.