Skip to main content

BoJ raises rates to 31-year high

Ueda says ‘policy phase has changed’ and focus now is on ensuring inflation does not exceed 2%

Japanese banknotes

The Bank of Japan raised its benchmark interest rate to the highest level in 31 years today (September 18) and pledged to continue tightening, as it warned that inflation could go above target.

The BoJ’s post-decision statement said the 25 basis point hike to 1.25% had been voted through by a 7–2 majority of its board members. Observers had largely predicted the outcome ahead of the decision.

Our short-term policy focus was to push up underlying inflation from levels below 2%Kazuo Ueda, Bank of

Solo los usuarios que tengan una suscripción de pago o formen parte de una suscripción corporativa pueden imprimir o copiar contenido.

Para acceder a estas opciones, junto con todas las demás ventajas de la suscripción, póngase en contacto con info@centralbanking.com o consulte nuestras opciones de suscripción aquí: subscriptions.centralbanking.com/subscribe

Actualmente no puede copiar este contenido. Póngase en contacto con info@centralbanking.com para obtener más información.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Artículos más leídos cargando...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Iniciar sesión
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.