Japan's central bank raises policy rate to 31-year high
The Bank of Japan has increased its policy interest rate to the highest level in 31 years.
The Business Standard18 September 2026, 10:00 AM0 readsAMP
The Bank of Japan has raised its policy interest rate to a 31-year high. This decision follows mounting pressure from the United States, driven by concerns regarding the depreciation of the Japanese yen.
