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TechFlow News, June 16: The Bank of Japan raised its policy interest rate by 25 basis points, lifting the target rate from 0.75% to 1.00%, the highest level in 31 years—matching market expectations. This marks the first rate hike after holding rates steady at the previous three meetings. (Jinshi)
The Bank of Japan raised its interest rate by 25 basis points, lifting the target rate from 0.75% to 1.00%, the highest level in 31 years, in line with market expectations. This follows three consecutive meetings where no policy change was made. (Jinshi)
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