Group 1 - The Bank of Japan raised its policy interest rate to approximately 0.75%, the highest level since 1995, as part of its ongoing normalization of monetary policy [1][2] - The central bank's decision to increase the uncollateralized overnight call rate target by 0.25 percentage points from the previous 0.5% reflects a commitment to adjust monetary easing in response to economic and price outlooks [1][2] - The core Consumer Price Index (CPI) in Japan rose by 3.0% year-on-year in November, remaining above the Bank of Japan's 2% target for 44 consecutive months, indicating persistent inflationary pressures [2][3] Group 2 - Market expectations for the interest rate hike had been building, with attention now shifting to the pace of future increases and the ultimate level of the policy rate in this cycle [2] - The decision to raise rates comes despite initial skepticism regarding the central bank's ability to normalize policy under Prime Minister Fumio Kishida's administration, which had previously favored monetary easing [3] - Following the announcement, the Japanese yen weakened against the US dollar, trading around 156, while the Nikkei 225 index continued to rise, reflecting market confidence in the central bank's actions [3]
刚刚!日本,加息25基点
Zhong Guo Ji Jin Bao·2025-12-19 04:56