BOJ raises its key interest rate to three-decade high of 1%, citing inflation 日銀、政策金利を1%引き上げ 31年ぶりの水準に
The Bank of Japan headquarters in Tokyo’s Nihonbashi district (Reuters file photo)
The Bank of Japan raised its benchmark interest rate to 1 percent on June 16, citing challenges stemming from a weak Japanese yen and higher prices.
The central bank’s increase in the uncollateralized overnight rate, by a quarter of a percentage point from 0.75 percent, puts it at a three-decade hi...