BOJ Raises Rates to 31-Year High, Signals Faster Tightening Path

The Bank of Japan raised its policy rate by 25 basis points to 1.25% on Friday, reaching its highest level in roughly 31 years. The BOJ rate hike passed by a 7–2 vote as policymakers pointed to an economic recovery and underlying inflation gradually approaching their 2% target. The hike lifted the benchmark from 1.0% […] Read The Full Article BOJ Raises Rates to 31-Year High, Signals Faster Tightening Path On Coin Edition.