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Kazuo Ueda

Bank of Japan raises interest rates to 31-year high of 1.25% as inflation rises

Bank of Japan raises interest rates to 31-year high of 1.25% as inflation rises

The Bank of Japan raised its benchmark interest rate to 1.25% in a 7-2 vote, reaching its highest level since 1995 as policymakers address global inflation.

Business ·18 Sep 2026, 07:38 ·Maeve Turner 3 min read