Japan raises interest rates to 31-year high to curb impact of rising prices
OMEGAZEPRIME News
This story was selected and curated by our editorial team in the Asia Pacific category. Published on September 18, 2026 • Originally reported by Reuters. OMEGAZEPRIME provides independent news coverage and analysis for our readers. Stay informed with the latest developments.
This story was selected and curated by our editorial team in the Asia Pacific category. Published on September 18, 2026 • Originally reported by Reuters. OMEGAZEPRIME provides independent news coverage and analysis for our readers. Stay informed with the latest developments.
Increase from 1% to 1.25% follows US Federal Reserve and European Central Bank tightening monetary policy
Japan’s central bank has increased interest rates to a fresh 31-year high as it attempts to combat high global inflation linked to the war in Iran.
The Bank of Japan voted to raise its target interest rate from 1% to 1.25%, the highest level since 1995.
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