The Bank of Japan raised the policy interest rate to 0.25% and will continue to raise interest rates if the economy and prices are as expected

Updated 2024/7/31 18:01 JST (some excerpts)
Not aware of 0.5% as a barrier, interest rate hikes will not have a major adverse effect on the economy-Governor Ueda
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. It was decided at the same time as the reduction plan for long-term government bond purchases until the end of fiscal year 2025.