Bank of Japan hikes rates to 1%, a 31-year high

The Bank of Japan raised its key interest rate to 1%, the highest level in 31 years, in response to inflation pressures. This marks the first hike since December, when rates were increased to 0.75%.

Coverage

• Bank of Japan raises interest rates to 31-year high … of 1%
• Bank of Japan raises its key interest rate to a three-decade high of 1%, citing inflation - AP News
• Japan raises interest rate to highest for 31 years

SplitViewNews News