NextFin

Bank of Japan Raises Interest Rate, Citing Higher Wages and Inflation

AsianFin -- The Bank of Japan has raised its key interest rate to about 0.5% from 0.25%, saying that inflation is holding at a desirable target level.

The decision by the central bank came Friday at the end of a two-day policy board meeting in Tokyo.

Explore more exclusive insights at nextfin.ai.

Search
NextFinNextFin
NextFin.Al
No Noise, only Signal.
Open App