BOJ Monetary Policy Navigator

BoJ decides to raise rates on "rising likelihood" of realizing outlook

• BoJ raises Japan's policy rate to 0.5%, citing "rising likelihood" of realizing its outlook

• Bank says risks to prices are "skewed to the upside" for FY24 and FY25 and emphasizes tight labor market conditions

• Focus on whether Governor Ueda's press conference contains hints about how far Bank has come in normalizing policy