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Expert: Bank of Japan may raise interest rates to curb inflation

2026-06-13 01:19:51

The Bank of Japan may raise the policy interest rate from the current 0.75% to 1.0% at the monetary policy meeting scheduled for the 15th to 16th of this month. Kato Izumi, president of Japan’s East Short Research Company, believes that the rate hike will put pressure on small and medium-sized enterprises and ordinary Japanese households, and its impact on the yen exchange rate remains to be further observed. (CCTV News)

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