Bank of Japan hikes rates to highest since 1995 as yen languishes at historic lows
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Source: CNBC
Published: 2026-06-16 13:21 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Education, Asia, Economy & Finance, Business & Economy, Asia Pacific
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Snippet:
Japan's central bank on Tuesday raised its policy rate to the highest in over 30 years at 1%, in line with expectations of economists polled by Reuters, accelerating policy normalization started in 2024.
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