Bank of Japan expected to continue tightening after rate hike to 31-year high (opens original article in a new tab)

Bank of Japan increased interest rates to a 31-year high and may continue tightening monetary policy, though the real policy rate remains negative.

• Bank of Japan raised interest rates to a 31-year high
• Analysts expect further tightening of monetary policy
• The policy rate remains negative in real terms despite the increase