Economy #japan#interest rate
Bank of Japan Raises Interest Rate to 1%, Highest Since 1995
The Bank of Japan raised its main interest rate to 1% from 0.75%, the highest since 1995, as global energy prices and the Iran war fuel inflation. Governor Kazuo Ueda missed the meeting due to a liver infection, but the BOJ continues its gradual tightening path started in March 2024.
Jun 16, 2026 1 source