BOJ is repeatedly hinting at a possible interest rate increase
The Bank of Japan (BOJ), Japan's central bank, is repeatedly hinting at a possible interest rate increase.
On the 12th, the Nihon Keizai newspaper (Nikkei) reported that BOJ Deliberation Committee member Naoki Tamura stated at an economic and financial forum in Okayama City that if economic and price trends align with the BOJ's expectations, it would make sense to raise the policy rate by at least 1%.
In March, the BOJ increased the short-term policy rate for the first time in 17 years during a Monetary Policy Decision Meeting, effectively ending the negative interest rate policy. In July, the interest rate was raised from 0-0.1% to about 0.25%.
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