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Bank of Japan Raises Interest Rates to Highest Level in 31 Years
The Bank of Japan has raised interest rates to their highest level in 31 years, as indicated by Governor Kazuo Ueda. He noted that underlying inflation is approaching the central bank's target of 2 percent after months of steady signals.
Our neutral summary
The Bank of Japan has raised interest rates to their highest level in 31 years, as indicated by Governor Kazuo Ueda. He noted that underlying inflation is approaching the central bank's target of 2 percent after months of steady signals.
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