Bank of Japan hikes policy rate to 1%, highest since 1995 and first time in over 30 years, as the board accelerates policy normalization…

Rickler Feed (@rickler_feed), Jun 16, 2026, 07:09 UTC

Bank of Japan hikes policy rate to 1%, highest since 1995 and first time in over 30 years, as the board accelerates policy normalization amid weak yen concerns touching 160 against the dollar and rising producer price inflation climbing 6.3% in May driven by energy costs. - CNBC 🏷️ Japan, policy 🕵️ @PeterMM

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