Japan/Economy/Bank of Japan raises rates to 1%, highest since 1995

Bank of Japan raises rates to 1%, highest since 1995

Jun 16, 20268 sources

Summary

The Bank of Japan raised its key interest rate to 1%, the highest level since 1995, marking a 31-year high. The move comes amid heightened inflation risks and signals a shift away from decades of ultra-loose monetary policy.

by WorldBrief & Maksim Micheliov | AI-generated summary

Source Headlines

8 headlines from 8 publishers

Bloomberg

BOJ Raises Rate to 31-Year High, Plans to Stop Paring Bond Buys

Japan Times

Bank of Japan takes rates to 1%, the highest level since 1995

Kyodo News

Bank of Japan lifts policy rate to 31-year high of 1.0% on heightened inflation risks - Japan Wire by Kyodo News

The Guardian

Bank of Japan raises interest rates to 31-year high ... of 1%

BBC World

Japan raises interest rate to highest for 31 years

Financial Times

Bank of Japan raises rates to 1% for first time since 1995

Wall Street Journal

Bank of Japan Lifts Rates to 31-Year High

The Economist

Japan raises rates again