BBC News – World ·world ·2 hours ago

Japan raises interest rate to highest since 1995

Japan's central bank raised its main interest rate to 1% on Tuesday, reaching its highest level since 1995 amid rising global energy prices. The increase comes as the Bank of Japan aims to stabilize the yen and address inflation pressures. Despite the hike, Japan's interest rates remain low compared to major economies like.

Summary by OZbrief · BBC News – World

Newer
Next