EconomyJapan raises interest rates to 31-year high to curb impact of rising prices
The Bank of Japan raised its target rate from 1% to 1.25%, the highest since 1995, seeking to limit inflationary pressure linked to the war in Iran. Two board members opposed the move. The yen fell about 0.7% against the dollar, helping the Nikkei rise nearly 2%.
TThe Guardian★★★☆☆2026-09-18 07:14Original
Japan raises interest rates to 31-year high to curb impact of rising prices
Economy