BOJ decision live: Japan's policy interest rate set to rise to 31-year high - Reuters — SkimNews
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- Bank of Japan is expected to raise its policy interest rate by 25 basis points to a fresh three-decade high, according to a CNBC survey of economists
- The BOJ rate hike comes under pressure from persistent inflation and U.S. monetary policy, according to Japan Today's reporting on the decision
- The move would mark a 31-year high for Japan's policy rate, per Reuters, with all four outlets converging on the magnitude of the normalization shift
Why it matters: A 25-basis-point hike to a 31-year high signals Japan's most aggressive rate normalization in three decades, reshaping the global carry-trade calculus as yen-funded borrowing becomes more expensive for foreign investors.
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