On September 18, 2026, the Bank of Japan raised its benchmark interest rate from 1.0% to 1.25%, the highest level in 31 years, in a widely expected move following pressure from U.S. Treasury Secretary Scott Bessent. The 7-2 decision signals the central bank's commitment to combat persistent inflation amid global monetary tightening.
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South Korea shares climb 1.8% and the Bank of Japan raises rates to a 31-year high https://marthio.com/a/south-korea-shares-climb-1-8-and-the-bank-of-japan-raises-rates-to-a-3 #Markets #Bank #StockMarket #SouthKorea Asian equities rallied as oil prices fell, led by strong performance in South Korean stocks and the Bank of Japan's rate hike.
Japan Raises Interest Rates to 31-Year High Under U.S. Pressure www.15minutenews.com/article/2026... The Bank of Japans widely expected move followed an unusual campaign by Treasury Secretary Scott Bessent for tighter mon...
Increase from 1% to 1.25% follows US Federal Reserve and European Central Bank tightening monetary policy Business live – latest updates Japan’s central bank has increased interest rates to a fresh 31-year high as it attempts to combat high global inflation linked to the war in Iran. The Bank of Japan voted to raise its target interest rate from 1% to 1.25%, the highest level since 1995. Continue