BoJ set to raise interest rate to 1.0% at June meeting — Nikkei
The Bank of Japan (BoJ) is widely expected to raise its short-term policy interest rate from 0.75% to 1.0% at its upcoming monetary policy meeting on June 15–16, Nikkei reported on Tuesday.
The source also said that the Japanese central bank considers halting bond tapering from April 2027.
Market reaction
At the time of writing, the USD/JPY pair is down 0.01% on the day at 160.15.
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