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Economics2h 26m ago

The Bank of Japan raised its benchmark interest rate to 1% on Tuesday, lifting borrowing costs to their highest level since 1995.

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Japan

Who
Bank of Japan, Toichiro Asada
What
The Bank of Japan raised its benchmark interest rate to 1% on Tuesday, lifting borrowing costs to their highest level since 1995.
When
Tue, 16 Jun 2026 04:58:05 GMT · 2h 26m ago
Where
Japan ·
Why
Policymakers sought to contain inflationary pressures linked to higher energy prices and support the yen.
The Frontline Impact

How this affects you

The Bank of Japan has increased its interest rate to 1%, its highest since 1995, in a move to combat inflation and strengthen the yen after decades of ultra-loose monetary policy. This decision could impact businesses, households, and public finances due to higher borrowing costs.

Story chain

16 events in this thread
  1. Economics25m 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%.
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  2. Economics54m 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
  3. Economics54m ago
    The Bank of Japan raised its benchmark interest rate to 1% on Tuesday.
    Open article
  4. Economics54m 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.
    Open article
  5. Economics1h 41m 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.
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  6. Economics2h 22m 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.
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  7. Currently Reading2h 26m ago
    The Bank of Japan raised its benchmark interest rate to 1% on Tuesday, lifting borrowing costs to their highest level since 1995.
  8. Economics2h 38m 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.
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  9. Economics2h 53m 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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  10. Economics2h 53m 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
  11. Economics2h 53m ago
    The Bank of Japan raised its key interest rate by 25 basis points to 1%, the highest level since 1995.
    Open article
  12. Economics3h 57m ago
    The Bank of Japan has increased its policy rate to 1.0 percent, marking a 31-year high for interest rates.
    Open article
  13. Economics3h 57m 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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  14. Economics3h 57m 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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  15. Economics3h 57m ago
    The Bank of Japan raised interest rates to a 31-year high on Tuesday.
    Open article
  16. Economics4h 58m 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.
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