This is the BOJ's first hike since December, when it raised rates to its current level of 0.75%, also its highest level in over 30 years.
The Bank of Japan has raised interest rates to levels not seen since 1995. This marks their first rate hike since December, following a previous increase that brought rates to 0.75%, a thirty-year high. Despite these moves, the Japanese yen remains at historic lows, reflecting…
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