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Bank of Japan raises interest rate to 1.0%

Summary

The Bank of Japan raised its benchmark interest rate by 25 basis points to 1.0%, marking the highest rate since 2008 amid persistent inflationary pressure.

Details

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SubmittedFri, 14 Mar 2025 03:20:00 GMT (11mo ago)

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Sources (2)

https://boj.or.jp/en/announcements/release_2025/k250314a.htm

https://bloomberg.com/news/boj-rate-decision-march

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