Skip to main content
Ciciro

Money

Markets, macro, banking, investment funds, and insurance developments.

Read Bank of Japan Increases Interest Rates to 1%, Ending a Long Streak

Bank of Japan Increases Interest Rates to 1%, Ending a Long Streak

In a significant move, the Bank of Japan has raised its interest rates to 1% for the first time since 1995, indicating a shift in monetary policy. The central bank also announced plans to halt reductions in monthly bond purchases starting next year.

Editorial Staff Jun 16