The Bank of Japan raised its policy rate to 1.25%, the highest level since 1995. The decision was approved by a 7-2 majority vote following rate hikes by the Federal Reserve and the European Central Bank.
The Bank of Japan raised its policy rate to 1.25%, the highest level since 1995.
The decision was approved by a 7-2 vote following rate hikes by the Federal Reserve and the European Central Bank.