Bank of Japan raises rates to 1% for first time since 1995
Corroborated by 2 sources from 2 publishers
asiageneral4h ago
TL;DR
Reports differ across sources; according to cnbc.com, japan's central bank on Tuesday raised its policy rate to the highest in over 30 years at 1%, in line with expectations of economists polled by Reuters, accelerating policy normalization started in 2024.