Bank of Japan takes rates to 1%, the highest level since 1995 ^29.9%

The Japan Times - By Kazuaki Nagata - 6/16/2026, 8:54 AM

Unattributed Quote 35.7% - Negativity Bias 24% - Biased Writer Voice 21.8%

The Bank of Japan, beset by inflation and a weak yen, made a move higher and lifted rates to levels not seen since 1995. For most analysts, it was a “done deal” ahead of the actual decision given the market’s growing impatience with wait and see and a growing sense in Japan that prices are simply rising too fast. At a two-day policy... more