BOJ Lifts Rates to 31-Year High as Inflation Risks Mount; Future Path Remains Uncertain
· thestockmarketwatch.com
The Bank of Japan (8301) accelerated its efforts to normalize monetary policy on Friday, lifting its benchmark interest rate to a 31-year high of 1.25%. The
Key Takeaways
The Bank of Japan (BOJ) raised its short-term interest rate to 1.25% from 1.0% in a 7-2 split vote, marking the highest borrowing costs in Japan ...