"In a margin of 7-2, the BoJ’s policy board voted for a 0.25 percentage point increase, taking its target rate to around 1.25 per cent."
I mean it's not news, but I think it's worth pointing out that 1.25 per cent is the highest rate in 30 years. Inflation has been so low for so long in Japan...
giftarticle.ft.com
Bank of Japan raises rates to highest since 1995
Central bank cites inflation risks as it lifts interest rates by 0.25 percentage points to 1.25%