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Bank of Japan raised rates to a 31-year high as inflation and a weak yen piled up pressure

The BOJ lifted its policy rate to 1% on Tuesday, the first time it has reached that level since 1995, in a 7-1 board vote

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Bank of Japan raised rates to a 31-year high as inflation and a weak yen piled up pressure

Bank of Japan raised rates to a 31-year high as inflation and a weak yen piled up pressure

Published June 16, 2026 · Category: Markets

Overview

The BOJ lifted its policy rate to 1% on Tuesday, the first time it has reached that level since 1995, in a 7-1 board vote

Source

Originally published at qz.com.

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