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BOJ Hikes Rate at Fastest Pace in More Than Three Decades

Source: Bloomberg

Monetary PolicyInterest Rates & YieldsInflationCurrency & FX

The Bank of Japan raised its benchmark interest rate to 1.25% on Friday, its fastest pace of policy tightening in more than three decades. The hike responds to rising inflation and pressure from Washington, reinforcing a hawkish shift that could affect Japanese bond yields, the yen and global carry-trade positioning.

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