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Japanese interest rates
Latest news regarding Japanese interest rates.
The Bank of Japan (BOJ) kept interest rates unchanged at 0.75% and raised its forecast for Japan's economic growth.
The Bank of Japan decided to maintain interest rates at their highest level in 30 years, while raising its GDP forecast for fiscal year 2026 to 1% amid persistent inflation.
Market
The Japanese yen fell close to 159 JPY/USD ahead of the Bank of Japan's policy meeting.
The yen and Japanese government bonds were sold off sharply as markets worried that loose fiscal policies from Prime Minister Sanae Takaichi would put pressure on the exchange rate.
Bank of Japan raises interest rates to 30-year high, global markets worry.
The Bank of Japan (BOJ) raised interest rates to 0.75%, the highest level since 1995, ending an era of ultra-loose monetary policy and potentially triggering large-scale capital flows across the globe.
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