OKAYAMA--The Bank of Japan must raise interest rates to at least 1% as soon as the second half of next fiscal year, hawkish policymaker Naoki Tamura said on Thursday, reinforcing the bank's ...

On Thursday, BOJ board member Naoki Tamura said that it was "necessary" for the BOJ to raise short-term interest rates to "at least around 1%" by the second half of fiscal year 2025. Japan's 2025 ...

The remark by the policymaker Naoki Tamura came after the BOJ lifted its key short-term rate from 0.25 percent to a 17-year high of 0.5 percent late last month. With upside risks to prices ...