Bank of Japan Raises Interest Rates to 31-Year High
The Bank of Japan has increased its interest rates to 1%, marking the highest level since 1995, in an effort to combat inflation and a weakening yen. This move ends a long period of ultra-low rates and reflects growing concerns about economic pressures.
The Story
Analyzing sources…
Source Diversity
Source Diversity
Excellent (100/100)Sources
Japan raises interest rate to highest for 31 years
The Bank of Japan has been raising rates from near-zero since 2024.
Read full article →Bank of Japan Hike Shows Inflation Worries, Strategists Say - Bloomberg.com
Bank of Japan Hike Shows Inflation Worries, Strategists Say Bloomberg.com
Read full article →Japan Raises Rates to 31-Year High to Ward Off War Inflation
Going against Prime Minister Takaichi’s wishes, Japan’s central bank acted amid U.S. pressure, a tanking currency and inflation from energy disruptions.
By River Akira Davis and Kiuko Notoya
Read full article →Bank of Japan raises rates in response to inflation risks
BoJ notes that pass-through of high oil prices ‘progressing at a relatively fast pace’ through Japan’s economy
Read full article →Bank of Japan raises interest rates to 31-year high amid Iran war inflation pressures
Country follows ECB in increasing borrowing costs, but US Fed and Bank of England expected to hold rates Business live – latest updates The Bank of Japan (BoJ) has raised interest rates to a 31-year high, as it tried to dampen inflationary pressures created by the Iran war. Policymakers in Tokyo raised the BoJ’s short-term policy rate by a quarter of one percentage point, to 1% from 0.75%, and warned that companies were passing on rising oil costs to each other at a “relatively fast pace”. ...
By Graeme Wearden
Read full article →Japan’s central bank raises interest rates to highest level since 1995
Bank of Japan hikes benchmark rate to 1 percent, continuing shift away from decades of ultra-low borrowing costs.
Read full article →Bank of Japan hikes rates to highest since 1995 as yen languishes at historic lows
This is the BOJ's first hike since December, when it raised rates to its current level of 0.75%, also its highest level in over 30 years.
Read full article →Bank of Japan raises rates to 1%, highest since 1995
Read full article →Bank of Japan takes rates to 1%, the highest level since 1995
Inflation and the weak yen forced its hand and made it difficult to wait and see any longer.
Read full article →Bank of Japan hikes interest rate to 31-year high
Read full article →BOJ Policy Shift: Rates lifted to 31-year high of 1.0% to counter war-driven energy inflation
Read full article →Bank of Japan hikes rates to highest since 1995
The Bank of Japan (BOJ) lifted its key policy rate to a 31-year high on Tuesday as it counters a spike in consumer prices caused by the Middle East war, even as Washington and Tehr...
Read full article →Japan raises interest rate to highest since 1995
Japan's central bank has increased its main interest rate to a new 31-year high after a surge in global energy prices.
By Abubakar Ibrahim
Read full article →
