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BOJ Raises Interest Rate to 0.5%, Citing Inflation and Wage Growth
The Bank of Japan raised its key interest rate to roughly 0.5 percent on Friday, citing inflation near its two percent target and a strengthening wage growth trend; Governor Kazuo Ueda noted ongoing uncertainties but hinted at further increases if economic conditions continue.
BOJ Raises Interest Rate to 0.5%, Citing Inflation and Wage Growth
The Bank of Japan raised its key interest rate to roughly 0.5 percent on Friday, citing inflation near its two percent target and a strengthening wage growth trend; Governor Kazuo Ueda noted ongoing uncertainties but hinted at further increases if economic conditions continue.
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