Bank of Japan reportedly raises its policy rate to 1.25%

Grok's September 19 reply says the Bank of Japan raised its policy rate to 1.25% on September 18, 2026, in a 7–2 vote, citing inflation risks. It says the yen nevertheless fell about 1.3% against the dollar to near 157. Separately, a user reported a BOJ rate check late September 18 in New York and quoted a warning that a disorderly unwinding of carry trades could affect markets beyond Japan, potentially producing selling across equities, bonds and other leveraged investments.