ÉconomiePublié le
Japan raises interest rates to 31-year high to curb impact of rising prices
Increase from 1% to 1.25% follows US Federal Reserve and European Central Bank tightening monetary policy
Par
Business live – latest updates
Japan’s central bank has increased interest rates to a fresh 31-year high as it attempts to combat high global inflation linked to the war in Iran.
The Bank of Japan voted to raise its target interest rate from 1% to 1.25%, the highest level since 1995.
