TOKYO, May 15 : The Bank of Japan will raise its key interest rate to 1.0 per cent in June, nearly two-thirds of economists said in a Reuters poll, as it presses ahead with efforts to normalise monetary policy amid rising inflation concerns from the war in Iran.The policy rate was held steady at 0.75 per cent
BOJ expected to raise rates to 1.0% in June, hike again in October-December: Reuters poll
Bank of Japan Governor Kazuo Ueda attends a press conference after a BOJ policy meeting in Tokyo, Japan, April 28, 2026. REUTERS/Kim Kyung-Hoon
15 May 2026 12:12PM (Updated: 15 May 2026 06:36PM)
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The decision to keep rates steady came in a split 6-3 vote, and was in line with Reuters-polled analysts' estimates.
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The Bank of Japan kept its rates steady at 0.75% as expected, but noted that inflation risks now are tilted to the upside due to…
