Japan’s interest rate hiked to 31-year high at 1.25% as inflation rises
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Source: Al Jazeera
Published: 2026-09-18 13:20 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Asia, Economy & Finance, World News, US Politics, Business & Economy, Asia Pacific
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Snippet:
The Bank of Japan (BoJ) has raised interest rates by 0.25 to 1.25 percent, pushing borrowing costs to their highest level in 31 years, amid rising inflation and wages, and pressure from Washington.
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