Japan’s central bank raises benchmark interest rate to 1.25%
TOKYO (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. The raise by 0.25 percentage points to the policy rate comes after the Federal...
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