Bank of Japan hikes interest rates to 30-year high amid inflation concerns
TL;DR Summary
Japan's central bank has raised its interest rate to 0.75%, the highest in 30 years, in an effort to combat inflation, marking a significant shift after decades of low rates, amidst a global trend of easing monetary policy.
- Japan hikes interest rate to highest level since 1995 as inflation bites BBC
- Bank of Japan Raises Interest Rates to Highest Level in 30 Years The New York Times
- Asia-Pacific markets rise as investors await Bank of Japan decision CNBC
- Asian Shares to Rise as US CPI Lifts Stocks, Bonds: Markets Wrap Bloomberg.com
- USD/JPY Forecast: What’s Next for the Yen After the BOJ Decision? FOREX.com
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