BOJ Seen to Raise Rate to 1.25 Pct at Next Week's Meeting
Tokyo, Sept. 11 (Jiji Press)--The Bank of Japan plans to raise its policy interest rate by 0.25 percentage point to 1.25 pct, the highest level in about 31 years, at its policy-setting meeting next week, informed sources said Friday. The last time the BOJ policy interest rate stood at 1.25 pct was in April 1995. With underlying inflation approaching the BOJ's 2 pct target, the BOJ will r...
We haven't written up this one. Nippon.com News has the full story — the link below goes straight to it.
