Malaysia Oversight

World : Bank of Japan Lifts Policy Rate To 31-yr High Of 1.0 Pct on Heightened Inflation Risks

By Bernama in June 16, 2026 – Reading time 1 minute



TOKYO, June 16 (Bernama-Kyodo) — The Bank of Japan lifted its key policy rate to a 31-year high of 1.0 percent on Tuesday, warning of the risk of heightening inflation risks stemming from elevated crude oil prices due to West Asia conflict and the weak yen, Kyodo News reported.





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