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Economics2h 14m ago

The Bank of Japan raised its benchmark interest rate to 1% on Tuesday, a quarter of a percentage point from 0.75%, making it a three-decade high.

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Japan

Who
Bank of Japan, BOJ Gov. Kazuo Ueda, Deputy Gov. Shinichi Uchida
What
The Bank of Japan raised its benchmark interest rate to 1% on Tuesday, a quarter of a percentage point from 0.75%, making it a three-decade high.
When
Tue, 16 Jun 2026 06:30:15 GMT · 2h 14m ago
Where
Japan ·
Why
The interest rate hike seeks to address challenges from a weak Japanese yen and higher prices, and to normalize monetary policy after decades of ultralow rates.
The Frontline Impact

How this affects you

Japan's central bank increased its key interest rate, a move that could affect global financial markets and the value of the Japanese yen, especially given ongoing inflationary pressures from higher oil prices.

Story chain

17 events in this thread
  1. Economics1h 45m ago
    Japan's central bank has reportedly lifted its central benchmark rate to a new 31-year-high, to 1% from 0.75%.
    Open article
  2. Economics1h 45m ago
    Japan’s central bank has reportedly lifted its central benchmark rate to a new 31-year-high, increasing its policy rate to 1% from 0.75%.
    Open article
  3. Economics2h 14m ago
    The Bank of Japan raised its benchmark interest rate to 1% on Tuesday, a quarter of a percentage point from 0.75%.
    Open article
  4. Economics2h 14m ago
    The Bank of Japan raised its benchmark interest rate to 1% on Tuesday.
    Open article
  5. Currently Reading2h 14m ago
    The Bank of Japan raised its benchmark interest rate to 1% on Tuesday, a quarter of a percentage point from 0.75%, making it a three-decade high.
  6. Economics3h 1m ago
    The Bank of Japan (BOJ) on Tuesday raised its key policy interest rate to 1%, marking the highest level in more than 30 years.
    Open article
  7. Economics3h 42m ago
    The Bank of Japan raised its benchmark interest rate to 1% on Tuesday, citing challenges stemming from a weak Japanese yen and higher prices.
    Open article
  8. Economics3h 46m ago
    The Bank of Japan raised its benchmark interest rate to 1% on Tuesday, lifting borrowing costs to their highest level since 1995.
    Open article
  9. Economics3h 58m ago
    The Bank of Japan raised its short-term policy rate to 1% from 0.75%, the highest level since 1995, citing faster pass-through from crude oil prices.
    Open article
  10. Economics4h 14m ago
    The Bank of Japan raised its policy rate by 25 basis points to 1%, the highest level since 1995, while Bitcoin reversed early losses.
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  11. Economics4h 14m ago
    The Bank of Japan raised its key interest rate by 25 basis points to 1%, the highest level since 1995, prompting Bitcoin to reverse early losses.
    Open article
  12. Economics4h 14m ago
    The Bank of Japan raised its key interest rate by 25 basis points to 1%, the highest level since 1995.
    Open article
  13. Economics5h 17m ago
    The Bank of Japan has increased its policy rate to 1.0 percent, marking a 31-year high for interest rates.
    Open article
  14. Economics5h 17m ago
    The Bank of Japan raised interest rates to a 31-year high on Tuesday, signalling its focus on countering inflation risks from the Middle East conflict.
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  15. Economics5h 17m ago
    The Bank of Japan raised its short-term policy rate to 1.0% from 0.75% by a 7-1 vote.
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  16. Economics5h 17m ago
    The Bank of Japan raised interest rates to a 31-year high on Tuesday.
    Open article
  17. Economics6h 18m ago
    Japan's Nikkei share average edged back from a record high on Tuesday as traders awaited an expected Bank of Japan interest rate hike later in the day.
    Open article

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