The Bank of Japan has increased its policy rate to 1.0 percent. This marks a 31-year high for interest rates. The move signals a strong focus on combating inflation. This is the first rate hike since December. The central bank's decision aims to address inflation risks stemming from the Middle East conflict. Deputy Governor Shinichi Uchida will provide further details.
The Bank of Japan has increased its policy rate to 1.0 percent, marking a 31-year high for interest rates. This decisive move aims to combat inflation risks, especially those stemming from the Middle East conflict. It represents the central bank's first rate hike since December,…
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