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Japan Raises Interest Rates To 31-Year High As War-Driven Energy Costs Fuel Inflation Concerns

Japan
International Business Times Fews App News Provider
Fews App Post Time há 1d

Pedestrians walk past the Bank of Japan headquarters building in Tokyo on June 16, 2026. The Bank of Japan is widely expected to hike interest rates to a 31-year high on June 16 as it battles inflation caused by the Middle East War, even after Washington and Tehran agreed a peace deal. Getty Images Japan's central bank raised interest rates to their highest level in more than three decades, tightening monetary policy as the country grapples with inflationary pressures and a weakening yen.

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