TOKYO, Sept 18 : The Bank of Japan is set to raise interest rates to a 31-year high on Friday and pledge to deliver more to counter inflation risks, which may heighten if the start of a U.S. rate-hike cycle weakens the yen against the dollar.The widely expected move would be the first hike in three months and

TOKYO, Sept 18 : The Bank of Japan is set to raise interest rates to a 31-year high on Friday and pledge to deliver more to counter inflation risks, which may heighten if the start of a U.S. rate-hike cycle weakens the yen against the dollar.The widely expected move would be the first hike in three months and

TOKYO, Sept 18 : The Bank of Japan raised interest rates to a 31-year high on Friday and signalled its readiness to keep pushing up borrowing costs, joining other major central banks in fighting persistent inflation pressures driven by soaring oil costs.The widely expected move, which was the first hike in th

Bank of Japan raises interest rates to a 31-year high to combat inflation driven by rising oil prices and a weak yen.

Bank of Japan raises interest rates to a 31-year high to combat inflation driven by rising oil prices and a weak yen.

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

Bank of Japan raises rates to 1.25%, a 31-year high, citing AI demand and Middle East oil prices as inflation drivers. Yen weakens while Nikkei surges 2.1%.