BoJ mulls hiking interest rates to 1.25% in September meeting – Bloomberg
According to a report from Bloomberg, the Bank of Japan (BoJ) is leaning toward raising its benchmark interest rate by a quarter point in the two-day meeting ending on September 18 in response to upward price risks.
The Bank of Japan (BoJ) is considering increasing its benchmark interest rate to 1.25% during their two-day meeting in September, according to a Bloomberg report. This potential rate hike is in response to growing concerns over upward price risks. However, the BoJ maintains a flexible outlook for future monetary policy adjustments.
Written by urgent.news from FXStreet's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.