The Bank of Japan is set to raise its key policy rate to 0.75 percent from the current 0.50 percent at its two-day board meeting through next Friday, a source familiar with the BOJ's thinking said, amid prolonged cost-push inflation.It would mark the highest level in 30 years, since September 1995, and the Japanese central bank's first rate hike since January, underscoring its strong intention to shift from deflation-ending policies to measures aimed at addressing inflation.The BOJ is expected to make a final decision after confirming that the impact of U.S. President Donald Trump's higher …READ FULL ARTICLE
