BOJ hikes rates to 30-year high amid persistent inflation
TL;DR Summary
The Bank of Japan raised its short-term interest rates to 0.75%, the highest in 30 years, leading to a rise in 10-year government bond yields and a weakened yen, as part of its policy normalization amid persistent inflation and economic challenges.
- Bank of Japan raises rates to highest in 30 years as inflation stays above target CNBC
- Bank of Japan raises interest rates to 30-year high, signals more hikes Reuters
- Japan stocks and bond yields jump after central bank hikes policy rate to highest in decades CNBC
- Japan hikes interest rate to highest level since 1995 as inflation bites BBC
- USD/JPY Forecast: What’s Next for the Yen After the BOJ Decision? FOREX.com
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