MarketsHighConfirmedAccelerating
9.3
BOJ raises rates to 1.25%, highest since 1995, to curb inflation
Guardian WorldLO·JP · US · IR·about 8 hours ago
The Bank of Japan raised its policy rate by 25bp to 1.25%, the highest level since 1995, signaling continued normalization. The move aligns with the BOJ's gradual tightening path, but the level marks a significant milestone. Markets will focus on forward guidance for further hikes.
The Bank of Japan (BOJ) has raised its target interest rate to 1.25%, the highest level since 1995, in a decisive shift from its ultra-loose monetary policy. This move is confirmed by multiple high-confidence sources and is attributed to global inflation, aligning with tightening by the US Federal Reserve and ECB. US Treasury Secretary Scott Bessent reportedly exerted pressure for this hike, adding a geopolitical dimension to the decision.