Bank of Japan raises interest rates to 31-year high, flags concerns over inflation
- TOKYO, JAPAN - SEPTEMBER 16: The Bank of Japan headquarters stand at dusk on September 14, 2026 in Tokyo, Japan.
- Tomohiro Ohsumi | Getty Images News | Getty ImagesThe Bank of Japan has raised its policy rate by 25 basis points to 1.25%, the highest level since 1995.
- The move also marked a quickening in the BOJ's rate hike cycle since it started monetary policy normalization in March 2024, with the rise taking place three months from the BOJ's last hike, as compared to six months previously.
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- TOKYO, JAPAN - SEPTEMBER 16: The Bank of Japan headquarters stand at dusk on September 14, 2026 in Tokyo, Japan.
- Tomohiro Ohsumi | Getty Images News | Getty ImagesThe Bank of Japan has raised its policy rate by 25 basis points to 1.25%, the highest level since 1995.
- The move also marked a quickening in the BOJ's rate hike cycle since it started monetary policy normalization in March 2024, with the rise taking place three months from the BOJ's last hike, as compared to six months previously.
Sources: Cnbc