BOJ Raises Rates to 17-Year High Amidst Accelerating Prices
The Bank of Japan (BOJ) has raised its short-term policy rate to “around 0.5 per cent,” the highest in 17 years, following a sharp acceleration in consumer price increases last month. This move came just hours after data showed prices rose at their fastest pace in 16 months, leaving investors cautious and triggering a stock … Read more