ChainCatcher reported that according to NHK, the Bank of Japan will discuss raising interest rates by 15 basis points, rather than the 10 basis points that the market has been considering, which will raise interest rates from 0.10% to 0.25%.

Some committee members believe that the risk of yen depreciation pushing up prices should be closely monitored. However, some committee members are cautious and believe that consumption trends should be further observed given the continued negative growth in real wages. They will make a final decision after analyzing the latest economic data. In addition, the Bank of Japan will decide on a specific plan to reduce government bond purchases. (Jinshi)