"Bank of Japan likely to raise rates next week…Further increases to be decided based on economic conditions"-Reuters

Uk Jin

Summary

Reuters reported that the Bank of Japan (BOJ) is expected to implement a rate hike at the monetary policy meeting on the 18~19.
The increase is reported to be adjusted from 0.5% to 0.75%, and the pace of rate increases may vary depending on Japan's economic conditions.
Multiple sources explained that the Bank of Japan may gradually raise rates in multiple stages.

The Bank of Japan (BOJ) is expected to implement a rate hike.

On the 12th (Korea time), Reuters reported, citing multiple sources, that the Bank of Japan will raise rates from 0.5% to 0.75% at the monetary policy meeting to be held on the 18~19.

The pace of rate increases is expected to depend on economic conditions. A source said, "Japan's real interest rate is very low, and the Bank of Japan may gradually raise rates in several stages," and explained, "The pace of future increases will be decided according to economic conditions."