Kazuo Ueda: If the economic outlook is realized, the Bank of Japan will continue raising interest rates.
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On Friday morning, the Bank of Japan announced a 25-basis-point rate hike, raising the unsecured overnight call rate to 0.75%, the highest level since 1995. The decision was unanimously approved with a 9:0 vote.
Bank of Japan Governor Kazuo Ueda stated in the subsequent press conference that the