BoJ decides to raise rates on "rising likelihood" of realizing outlook
Key points
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BoJ raises Japan's policy rate to 0.5%, citing "rising likelihood" of realizing its outlook
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Bank says risks to prices are "skewed to the upside" for FY24 and FY25 and emphasizes tight labor market conditions
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Focus on whether Governor Ueda's press conference contains hints about how far Bank has come in normalizing policy
