BOJ raises rate to 31-year high, plans to stop paring bond buys
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BOJ raises rate to 31-year high, plans to stop paring bond buys
(June 16): The Bank of Japan (BOJ) raised its benchmark interest rate to the highest since 1995 and signalled that further policy normalisation lies ahead, at a policy meeting convened without the governor in attendance. The BOJ increased its benchmark rate by a quarter percentage point to 1%,»»»
Bank of Japan hikes interest rate to 31-year high
The Bank of Japan’s expected decision followed rate increases by the European Central Bank and Bank Indonesia last week. (Reuters pic) TOKYO: The Bank of Japan (BOJ) hiked interest rates to a 31-year high Tuesday as it battles inflation caused by the Middle East war, even after Washington and Tehra»»»
Bank of Japan seen hiking rate to highest since 1995
TOKYO, June 16, 2026 (BSS/AFP) - The Bank of Japan is widely expected to hike interest rates to a 31-year high on Tuesday as it battles inflation caused by the Middle East War, even after Washington and Tehran agreed a peace deal. The central bank for the world's fourth-largest economy is projected»»»
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