Finance2h ago
Global Market: Bank of Japan poised for rate hike as oil prices fuel inflation
The Bank of Japan is expected to raise its policy rate by 25 basis points to a 31-year high of 1.25% as rising oil and import costs intensify inflation risks. Investors will watch Governor Kazuo Ueda’s guidance for signals on further monetary tightening.
This story was originally reported by Economic Times — Markets. As an automated real-time news aggregator, NewsToolBar provides multi-perspective indexing and AI summarization while directing full readership directly to primary publisher sources.
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BOJ set to raise interest rates to 31-year high as inflation risks loom
BOJ set to raise interest rates to 31-year high as inflation risks loom
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