Japan hikes interest rate to highest level since 1995 as inflation bites - BBC
AI Summary1 min read
TL;DR
Japan's central bank has raised its key interest rate to the highest level since 1995, reaching 0.75%, as persistent inflation pressures the economy. This move marks a significant shift in monetary policy after decades of low rates.
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Bank of Japaninterest rate hikeinflationmonetary policyyen
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