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BOJ Eyes Policy Rate at 2% by End of 2027

Summary by Kyodo News+
The Bank of Japan decided at its monetary policy meeting on June 16 to raise its policy rate to around 1.0 percent from around 0.75 percent, a move that was widely expected.

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BOJ eyes policy rate at 2% by end of 2027

The Bank of Japan decided at its monetary policy meeting on June 16 to raise its policy rate to around 1.0 percent from around 0.75 percent, a move that was widely expected.

·Minato, Japan
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toyokeizai.nettoyokeizai.net

The Bank of Japan Raised Its Policy Interest Rate to 1% in June, and While the Executive Board Adopted a Cautious Stance Due to the Escalating Tensions in the Middle East, the Policy Board Members Spearheaded the Unusual Rate Hike.

At its monetary policy meeting on June 16, the Bank of Japan raised its policy interest rate from 0.75% to 1%. This is the highest level in almost 31 years, since September 1995. In March 2024, the Bank of Japan will revert to a negative interest rate…

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toyokeizai.net broke the news on Tuesday, July 7, 2026.
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