The Bank of Japan decided to raise interest rates at its monetary policy meeting, lifting the policy rate to 1.25%. This is the highest level in 31 years. Governor Ueda Kazuo (植田 総裁) was reported to have addressed the press conference.
Following its monetary policy meeting, the Bank of Japan announced its decision to raise the policy rate. The new rate is 1.25%, up from levels that had remained low for an extended period.
Governor Ueda Kazuo (植田 総裁) attended the press conference held at the Bank of Japan's headquarters, and the event was reported on. A photo caption states that the press conference was held on the afternoon of the 18th.
The decision has drawn readers' attention as a focus for monitoring market and economic developments from that day onward.