Just this afternoon! Japan's interest rates will exceed 30-year lows for the first time in "era of 1"?

The market generally expects that the Bank of Japan will raise the benchmark interest rate to its highest level since 1995 at today's meeting, which will be the first meeting without the governor present. According to a survey by industry media, almost all Bank of Japan observers expect that the central bank decision-makers will raise the benchmark interest rate by 25 basis points to 1% at the end of the two-day meeting on Tuesday.