Bank of Japan Surprises Markets With Rate Hike to 1%, First Increase Since 1995, Signaling a Historic Shift
The Bank of Japan (BoJ) has raised its benchmark interest rate to 1%, marking its first such increase since 1995 and signaling a major turn in Japanese monetary policy. The decision represents a clear departure from the ultra-low-rate era that has defined much of Japan’s recent economic landscape, and it arrives at a time when… Read More »