The Bank of Japan raised its benchmark interest rate to around 0.25% and unveiled plans to halve bond purchases, underscoring its determination to normalize monetary policy. The BOJ says it would reduce its monthly pace of bond buying to around ¥3 trillion ($19.9 billion) by the first quarter of 2026. In geopolitics, Hamas said Israel killed its political leader, Ismail Haniyeh, in an airstrike on Iran’s capital. Iran’s supreme leader said he had a “duty to seek vengeance” and that Israel should prepare for “severe punishment.” Today's guests: Grace Peters, JPMorgan Private Bank; Ben Smith, Air France-KLM CEO; Peter Herweck, Schneider Electric CEO -------- "The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.