The brief
The Bank of Japan has raised its interest rate to 1.25 per cent - the highest in decades - in a widely expected move as the Iran war puts pressure on inflation. Bank of Japan raises benchmark rate to 1.25%, highest level since 1995 Key points and original sources are listed below.
- The Bank of Japan has raised its interest rate to 1.25 per cent - the highest in decades - in a widely expected move as the Iran war puts pressure on inflation.S1
- Bank of Japan raises benchmark rate to 1.25%, highest level since 1995S2