At 8:15 a.m. on August 6, 2025—the very moment when Hiroshima was reduced to ashes 80 years ago—the “Bell of Peace” tolled through the Hiroshima Peace Memorial Park.
At its Monetary Policy Meeting on July 31, 2024, the Bank of Japan took a historic step to markedly accelerate its exit from unconventional easing—i.e., “policy normalization.” The decision rests on two pillars.