Bank of Japan Hikes Policy Interest Rate to 1.25% from 1% in 7 to 2 Vote, Repeats It Will Continue to Raise Rate as Part of Normalization
By Max Sato –BOJ Points to Upside Risks to its Inflation Outlook, Notes Financial Conditions Expected to Remain Supportive to Economic Activity (MaceNews) – The Bank of Japan’s nine-member board on Friday decided to raise the target for the overnight interest rate to 1.25% from 1% in a 7 to 2 vote, warning that elevated […]