World News | Bank of Japan Raises Interest Rate, Citing Higher Wages, Inflation
Get latest articles and stories on World at LatestLY. The Bank of Japan has raised its key interest rate to about 0.5% from 0.25%, noting that inflation is holding at a desirable target level.
Tokyo, Jan 24 (AP) The Bank of Japan has raised its key interest rate to about 0.5% from 0.25%, noting that inflation is holding at a desirable target level.
The decision by the central bank came Friday at the end of a two-day policy board meeting in Tokyo. (AP)
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