La Banque du Japon va bientôt augmenter ses taux : de 0,5 % à 0,75 %, pour la première fois en 30 ans

【链文】Japan’s Bank of Japan’s rate hike prospects are becoming increasingly imminent. According to sources, the Bank of Japan will hold a monetary policy meeting from the 18th to the 19th of this month, during which it is very likely to raise the policy interest rate — from the current 0.5% to 0.75%, an increase of 25 basis points. What does this level mean? It will be the highest since 1995, in other words, a figure not seen in the past 30 years.

The signals are already quite clear. Governor Ueda and other senior officials have been sending signals of a rate hike, and among the nine members of the Policy Committee (including the governor and deputy governors), at least half are expected to vote in favor. There is currently no committee member explicitly opposed, and even the Japanese government has not voiced significant opposition.

However, the central bank is still observing one thing — whether the rate hike will trigger a stock market crash or a sharp appreciation of the yen. These market disturbances are factors they are weighing before making a final decision.

If the rate hike is implemented this Friday, it will be the second increase by the Bank of Japan since January 2025, marking the second adjustment in 11 months. For investors who continuously monitor global liquidity changes, the Bank of Japan’s moves often influence the overall market risk appetite, especially regarding yen-denominated assets and cross-border capital flows.