Japan raises interest rate to highest since 1995

The Bank of Japan has been raising rates from near-zero since 2024.

Japan Raises Rates to 31-Year High to Ward Off War Inflation

Going against Prime Minister Takaichi’s wishes, Japan’s central bank acted amid U.S. pressure, a tanking currency and inflation from energy disruptions.

By River Akira Davis and Kiuko Notoya

US Asset Manager PGIM Flips Fed View, Sees Three Hikes This Year - Bloomberg

US Asset Manager PGIM Flips Fed View, Sees Three Hikes This Year  Bloomberg

Bank of Japan raises rates in response to inflation risks

BoJ notes that pass-through of high oil prices ‘progressing at a relatively fast pace’ through Japan’s economy

Bank of Japan raises interest rates to 31-year high amid Iran war inflation pressures

Country follows ECB in increasing borrowing costs, but US Fed and Bank of England expected to hold rates Business live – latest updates The Bank of Japan (BoJ) has raised interest rates to a 31-year high, as it tried to dampen inflationary pressures created by the Iran war. Policymakers in Tokyo raised the BoJ’s short-term policy rate by a quarter of one percentage point, to 1% from 0.75%, and warned that companies were passing on rising oil costs to each other at a “relatively fast pace”. ...

By Graeme Wearden

Japan’s central bank raises interest rates to highest level since 1995

Bank of Japan hikes benchmark rate to 1 percent, continuing shift away from decades of ultra-low borrowing costs.

Bank of Japan hikes rates to highest since 1995 as yen languishes at historic lows

This is the BOJ's first hike since December, when it raised rates to its current level of 0.75%, also its highest level in over 30 years.

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

Inflation and the weak yen forced its hand and made it difficult to wait and see any longer.

Bank of Japan hikes interest rate to 31-year high

BOJ Policy Shift: Rates lifted to 31-year high of 1.0% to counter war-driven energy inflation

Japan raises interest rate to highest since 1995

Japan's central bank has increased its main interest rate to a new 31-year high after a surge in global energy prices.

By Abubakar Ibrahim