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

The Bank of Japan will hold a monetary policy meeting on the 30th and 31st. The central bank believes that the price increase is moving towards the target of 2% in the form of wage increases, and will discuss whether to raise interest rates further. The government, which regards correcting the depreciation of the yen as a critical issue, is under increasing pressure to raise interest rates. On the other hand, personal consumption, an important indicator, is worrying, and the central bank will make cautious judgments based on the impact on the economy. (Kyodo News)