Bank of Japan Raises Rates for First Time in 30 Years
Update: 2025-12-19
Description
The Bank of Japan raises its benchmark interest rate to 0.75%, the highest in 30 years, signaling confidence in achieving stable inflation. This unanimous decision by the policy board is expected to lead to more rate hikes if economic conditions improve. The move marks a significant shift from Japans history of weak prices and positions the Bank of Japan as the only major central bank raising rates this year.
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