EconomyJapan raises interest rate to 31-year high of 1.25% as inflation rises
The Bank of Japan lifted its benchmark rate by 0.25 percentage points to 1.25%, taking borrowing costs to their highest level in 31 years. The move comes amid rising inflation and wages, with pressure from Washington also weighing on policymakers.
AAl Jazeera★★★☆☆2026-09-18 03:20Original
Japan raises interest rate to 31-year high of 1.25% as inflation rises
Economy