The Bank of Japan is expected to hold a monetary policy meeting from 17 September and raise its policy rate to 1.25%. The meeting’s decision is expected to be announced around 18 September.
The Bank of Japan is scheduled to hold a monetary policy meeting from 17 September and will formulate its policy decision in light of the latest price trends, surging crude oil prices and the impact of the weaker yen. Ahead of the meeting, markets are pricing in the possibility of an interest rate hike while closely monitoring future developments.
The Bank of Japan is expected to raise its policy rate to 1.25%, with the likelihood increasing that 18 September will be the decision date. The response to the risk of higher prices is expected to be the focus.