Golden Finance reports that the market generally expects the Bank of Japan to raise its benchmark interest rate to the highest level in thirty years on Friday, showing that the bank is increasingly confident in achieving its stable inflation target. The policy committee led by Governor Kazuo Ueda is expected to raise the overnight call rate by 0.25 percentage points to 0.75% at the end of its two-day meeting. This will be the first rate hike since January, and it is anticipated to be unanimously approved by all members. In the last two meetings, two members have already expressed support for a rate hike. Earlier this month, Ueda clearly signaled an intention to raise rates, and subsequent data showed that wage growth momentum remains stable, while the impact of U.S. tariffs has been less than expected, leading to an increase in market expectations around rate hikes. This is also the first time all Bank of Japan observers surveyed by the media have unanimously predicted a rate hike since Ueda took office. (Zhitong)