Bank of Japan lifts rates to 0.25%
Jul 31, 2024
Bank of Japan raises rates amid 'robust' wage growth
0.5% is the highest nominal rate since 2008 as the BoJ continues on a path of normalisation.
The Bank of Japan (BoJ) raised interest rates to 0.5% from 0.25% on Friday, January 24, after last lifting them at the end of July 2024. This is the bank's highest nominal level in 17 years since 2008.
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