Bank of Japan lifts rates to 0.25%

The Bank of Japan has raised interest rates to the highest level since 2008, while the US Fed has held rates again with signs of a potential cut in September.
July 31, 2024

The Bank of Japan (BOJ) has raised short-term policy interest rates from 0-0.1% to 0.25% and will reduce monthly bond buying to ¥3 trillion ($19.6 billion) from the current ¥6 trillion as of Q1 2026.

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