Bank of Japan hikes policy rates by 25 basis points to highest since 2008
- The bank of japan raised its key interest rate to about 0.5% from 0.25%, marking the highest level since 2008.
- Inflation in japan is holding at around 2%, with consumer prices rising at an average rate of 2.5% last year.
- Share prices fell after the announcement, while the value of the japanese yen gained against the u.s. Dollar.
- Analysts project further rate increases this year, potentially reaching 1% by december, depending on trade tensions and the yen's strength.
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140 Articles
140 Articles
All
Left
13
Center
17
Right
11
Coverage Details
Total News Sources140
Leaning Left13Leaning Right11Center17Last UpdatedBias Distribution41% Center
Bias Distribution
- 41% of the sources are Center
41% Center
L 32%
C 41%
R 27%
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