The Bank of Japan will hold a monetary policy meeting at the end of the month to discuss whether to raise interest rates further

ChainCatcher News, the Bank of Japan will hold a monetary policy meeting on the 30th and 31st. The central bank believes that the increase in prices is progressing towards the 2% target in the form of wage increases and will discuss whether to raise interest rates further. The government, which considers correcting the depreciation of the yen as a pressing issue, is under increasing pressure to raise interest rates. On the other hand, personal consumption, which is an important indicator, is concerning, and a cautious judgment will be made based on the impact on the economy.