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Central Bank

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Bank of Japan Elevates Benchmark Rate to 1.25%, a 31-Year High, Amid Inflation and Yen Weakness
National Finance
[SID-CMU6F]
REL 85%
✓ VER
Active PriorityDeveloping

Bank of Japan Elevates Benchmark Rate to 1.25%, a 31-Year High, Amid Inflation and Yen Weakness

worth trackingUpdated 3h ago

Key takeaway: The Bank of Japan increased its benchmark interest rate to 1.25%, the highest since 1995, in response to rising inflation and pressure from the U.S. regarding the yen's value.

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