EconomyJapan raises interest rate to 31-year high to curb rising prices
The Bank of Japan raised its main interest rate from 1% to 1.25%, its highest level since 1995. It was the sixth increase since 2024, as Japan contends with a weak yen, rising prices and a shrinking workforce, while the Iran war drives up energy costs and inflation pressure.
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BBC News★★★☆☆2026-09-18 07:14Original
Japan raises interest rate to 31-year high to curb rising prices
Economy