The Bank of Japan is reportedly expected to raise its policy rate to around 1.25% on the second day of its monetary policy meeting. With the Bank on guard against the risk of rising prices, it is likely to adopt a policy of accelerating the pace of rate hikes in response.
The Bank of Japan is reportedly expected to raise its policy rate to around 1.25% as it holds the second day of its monetary policy meeting.
Amid heightened vigilance over the risk of a sharp rise in prices, the Bank is expected to respond by accelerating the pace of rate hikes.
Formal announcements on the decisions are still pending, and attention is focused on further developments.