BBC NewsJun 16, 3:21 AM

Japan raises interest rate to highest since 1995

The Bank of Japan has been raising rates from near-zero since 2024.

CNBCJun 16, 3:56 AM

Bank of Japan hikes rates to highest since 1995 as yen languishes at historic lows

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.

Al JazeeraJun 16, 7:49 AM

Japan’s central bank raises interest rates to highest level since 1995

Bank of Japan hikes benchmark rate to 1 percent, continuing shift away from decades of ultra-low borrowing costs.

The GuardianJun 16, 8:51 AM

Bank of Japan raises interest rates to 31-year high amid Iran war inflation pressures

Country follows ECB in increasing borrowing costs, but US Fed and Bank of England expected to hold rates Business live – latest updates The Bank of Japan (BoJ) has raised interest rates to a 31-year high, as it tried to dampen inflationary pressures created by the Iran war. Policymakers in Tokyo raised the BoJ’s short-term policy rate by a quarter of one percentage point, to 1% from 0.75% , and warned that companies were passing on rising oil costs to each other at a “relatively fast pace”. Con...

BBC NewsJun 16, 3:21 AM

Japan raises interest rate to highest since 1995

The Bank of Japan has been raising rates from near-zero since 2024.

CNBCJun 16, 3:56 AM

Bank of Japan hikes rates to highest since 1995 as yen languishes at historic lows

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.

Al JazeeraJun 16, 7:49 AM

Japan’s central bank raises interest rates to highest level since 1995

Bank of Japan hikes benchmark rate to 1 percent, continuing shift away from decades of ultra-low borrowing costs.

The GuardianJun 16, 8:51 AM

Bank of Japan raises interest rates to 31-year high amid Iran war inflation pressures

Country follows ECB in increasing borrowing costs, but US Fed and Bank of England expected to hold rates Business live – latest updates The Bank of Japan (BoJ) has raised interest rates to a 31-year high, as it tried to dampen inflationary pressures created by the Iran war. Policymakers in Tokyo raised the BoJ’s short-term policy rate by a quarter of one percentage point, to 1% from 0.75% , and warned that companies were passing on rising oil costs to each other at a “relatively fast pace”. Con...