BOJ Plans to Raise Policy Rate to 1.25% at September Meeting
The Bank of Japan intends to increase its policy interest rate to 1.25% at the monetary policy meeting scheduled for September 17-18, according to a plan announced by the central bank.
The Bank of Japan plans to raise its policy interest rate to 1.25% at the monetary policy meeting scheduled for September 17-18. The move, if confirmed, would mark a further step in the central bank's gradual normalization of monetary policy.