24
Jan
Jan
Bank of Japan Raises Key Interest Rate by 0.25% in 8-1 Vote
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Writer / 9 months
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- 2 min read
The Bank of Japan (BOJ) raised its policy rate by 25 basis points to 0.5% on Friday, marking its first rate increase since 2008. This move comes as the central bank looks to normalize monetary policy, responding to improving economic conditions in Japan. Key Points: This decision follows extensive interventions in the currency markets over […]