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Bank of Japan raises rates to 1% for first time since 1995

As reported by International homepage
Central bank deputy Shinichi Uchida to lead press conference after chief Kazuo Ueda hospitalised last week
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The Bank of Japan has increased its interest rate to 1%, marking the first such hike since 1995. This significant policy shift comes as Deputy Shinichi Uchida prepares to lead the press conference, following the hospitalization of chief Kazuo Ueda last week. The move signals a…

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