Confirmed! The Bank of Japan raised interest rates by 25 basis points as expected.
The Bank of Japan increased the benchmark interest rate from 0.5% to 0.75%, in line with market expectations. The interest rate level has reached a 30-year high, and this is also the first rate hike by the Bank of Japan in 11 months since January 2025.
The Bank of Japan increased the benchmark interest rate from 0.5% to 0.75%, in line with market expectations. The interest rate level has reached a 30-year high, and this is also the first rate hike by the Bank of Japan in 11 months since January 2025.