Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Independent UK
The Independent UK
National
Via AP news wire

Japan's central bank raises benchmark interest rate to 1.25%

Japan Politics - (Rie Kikuchi/Pool AFP via AP)

Japan’s central bank on Friday raised the benchmark interest rate to 1.25% from 1.0%, a 31-year-high.

The move Friday, coming at the end of the two-day monetary policy board meeting, was expected, widely figured into recent global markets.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.