BOJ Decides to Raise Key Policy Rate to 0.5%

Bank of Japan (BOJ) Governor Kazuo Ueda attends a press confere
The Bank of Japan decided Friday to raise its short-term policy rate target from the current level of about 0.25% to about 0.5%, its second hike in six months. The policy rate was last at the 0.5% level in 2008.

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