Tokyo, June 3 (Jiji Press)–The Bank of Japan plans to discuss raising its policy interest rate to 1 pct, likely at its upcoming policy-setting meeting, Jiji Press learned Wednesday. The Japanese central bank will hold its next two-day Policy Board meeting from June 15. The BOJ last raised the policy rate, or the target for guiding the unsecured overnight call rate, in December, to 0.75 pct. END [Copyright The Jiji Press, Ltd.]
EXCLUSIVE: BOJ Likely to Discuss Rate Hike at Upcoming Meeting
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