Expert: The Bank of Japan may raise interest rates to curb inflation.

According to Japanese sources, the Bank of Japan may raise its policy interest rate from the current 0.75% to 1.0% at the monetary policy meeting scheduled for the 15th to 16th of this month. Kato, president of the Japan-East Short Research Company, believes that the rate hike will put pressure on small and medium-sized enterprises and ordinary Japanese families, and the impact on the yen exchange rate needs further observation.