FULL PRESSER: Bank of Japan Raises Interest Rates to 31-Year High as Inflation Pressure Builds |AC1B

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The Bank of Japan raised its policy rate from 1% to 1.25%, its highest level in 31 years, as inflation approaches the central bank’s 2% target. Governor Kazuo Ueda said the BOJ’s policy phase had changed but offered no fixed timetable for further increases, while predicting moderate economic growth. For more details, watch our story and subscribe to our channel, DRM News. Bank of Japan Raises Interest Rates to 31-Year High as Inflation Pressure Builds BOJ Lifts Policy Rate to 1.25% but Offers No Timetable for Further Increases “Our Policy Phase Has Changed”: Kazuo Ueda Signals New BOJ Inflation Focus “No Specific Plan” for Next Rate Rise, Ueda Says After Historic BOJ Increase Kazuo Ueda press conference, Bank of Japan news conference, BOJ policy meeting, Japan interest rates, BOJ interest rate decision, Japanese yen latest, Japan inflation outlook, Bank of Japan today, Kazuo Ueda live, Japan monetary policy, BOJ governor speech, Japan economy latest, yen exchange rate, Tokyo financia

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