Inflation Keeps Biting In Japan. The Central Bank Just Hiked Rates To The Highest Level In More Than 30 Years.

Source: International Business Times

The Bank of Japan hiked interest rates to a 31-year high on Friday. Reuters The Bank of Japan raised interest rates by 25 basis points to 1. 25% on Friday, the highest in more than 30 years, as inflation keeps biting in the country.