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The Bank of Japan (BOJ) raised interest rates by 25 basis points to 1.25%, a 31-year high.
The Bank of Japan (BOJ) approved the rate hike with a 7-2 vote, raising the policy rate to 1.25%, its highest level since 1995. The BOJ stated that the move was due to the risk of inflation deviating from and exceeding its 2% target. Following the rate hike, the Japanese yen fell 0.45% against the U.S. dollar to 156.64, and the 10-year Japanese government bond yield dropped 4.9 basis points to 2.947%. Previously, U.S. Treasury Secretary Scott Bessent had urged the BOJ to take "decisive market and monetary measures."
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Source：CNBC头条 · Source Link
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