Bank of Japan Raises Rates by 25 Basis Points to the Highest in Over Three Decades

The Bank of Japan raised interest rates by 25 basis points in a widely expected action on Friday and signaled readiness for further tightening. Japanese central bank joined other major central banks in fight with rising inflation, primarily driven by soaring energy prices. BOJ policymakers voted 7-2 to lift the policy rate from 1% to […]

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