Published Jun 15, 2026, 11:19 PM ET · Updated 5 months ago · 1 source

BOJ Raises Rate to 31-Year High, Plans to Stop Paring Bond Buys

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BOJ Raises Rate to 31-Year High, Plans to Stop Paring Bond Buys

The Bank of Japan raised its benchmark interest rate to the highest since 1995 and signaled that further policy normalization lies ahead, at a policy meeting convened without the governor in attendance.