The Bank of Japan raised additional interest rates to 0.25% - decided at the same time as the reduction in government bond purchases

Updated 2024/7/31 13:35 JST (some excerpts)
It was decided by a majority of 7 to 2 in favor, and interest rates have been raised since the March meeting where negative interest rates were lifted
Government bond purchase plan reduces conventional monthly 6 trillion yen to around 3 trillion yen from January to March '26
The Bank of Japan decided to raise additional interest rates at the monetary policy meeting on the 31st. Interest rates have been raised since the March meeting when the negative interest rate policy was lifted. The decision was made at the same time as the reduction plan for long-term government bond purchases.
　　The one-day interest rate for unsecured calls, which is the policy interest rate, has been raised from the conventional 0-0.1% rate to about 0.25%. The policy interest rate will be at the level since around 0.3% in 2008/10-12. It was decided by a majority of 7 to 2, and both deliberation committee members, Nakamura Toyoaki and Noguchi Asahi, opposed it.