Business

Bank of Japan Hikes Rates

Updated 2026-06-16 03:40 UTC 1 source Neutral

The Bank of Japan raised its key interest rate to 0.75%, the highest level in over 30 years, as the yen reached historic lows.

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CNBC
This is the BOJ's first hike since December, when it raised rates to its current level of 0.75%, also its highest level in over 30 years.
2026-06-16 03:29 UTC
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