monde1.25 %The Bank of Japan raises its key interest rate to 1.25%, its highest level since 1993✓ Confirmed · 5 sources

Bank of Japan raises key interest rate to 31-year high

The Bank of Japan raises its key interest rate to 1.25%, its highest level since 1993.

Published 4h5 sources✓ ConfirmedImportantupdated 4h

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The fact

This decision aims to combat persistent inflation in the country.

The yen could strengthen following this unprecedented move in three decades.

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