International Economic

BOJ lifts rates to highest since 1995, as expected

By Michele Maatouk

Date: Tuesday 16 Jun 2026

(Sharecast News) - The Bank of Japan lifted its policy rate on Tuesday from 0.75% to 1% - the highest level since 1995 - in line with expectations.
The vote was split 7-1, with Governor Ueda absent due to hospitalisation and newly-appointed Toichiro Asada casting the dissenting vote.

The Bank...

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