Bank of Japan Raises Rate to 1% — a 30-Year Record
The Bank of Japan (BOJ) has raised its key rate to 1%. This is the highest level since 1995. The decision was made on June 16 by a majority vote — 7 to 1. The rate rose by 0.25 percentage points — from the previous 0.75%. Thus Japan returned to the 1% mark for the first time in 31 years and took another step away from









