In a historic step, the BOJ ditched negative interestrates in March and raised short-term rates to 0.25% in July on the view the economy was making progress toward durably achieving its 2% ...
The board decided to raise the BOJ's short-term policy rate to 0.5% from 0.25% by an 8-1 vote. Board member Toyoaki Nakamura dissented to the decision. BOJ Governor Kazuo Ueda is scheduled to hold a ...
The BOJ made no change to its guidance on future policy, saying that it will continue to raise interestrates if its economic and price forecasts are realized. "Their logic remains the same.