Japan’s central bank raised its key short-term interest rate to 1% on June 16, the highest level since September 1995, as it continued efforts to control rising prices. The Bank of Japan (BOJ) approved the quarter-point increase from 0.75% in a 7-1 vote. Deputy Gov. Shinichi Uchida led the meetin...
Japan Raises Interest Rates to Highest Level in 30 Years
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