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Bank of Japan Raises Rates to a 31-Year High 🇯🇵
The Bank of Japan has raised its policy rate to 1.25%, marking its highest level since 1995.
The decision signals another step toward tighter monetary policy as Japan continues to navigate inflation and changing economic conditions.
Higher Japanese rates can also matter for global markets, as shifts in Japan’s monetary policy may influence the yen, bond yields, liquidity and risk assets, including crypto.
Japan’s rate path is becoming an increasingly important factor for global markets.
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DYOR.