BOJ poised to lift policy rate to 1% amid inflation and weak yen

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Source: The Japan Times
BOJ poised to lift policy rate to 1% amid inflation and weak yen
Photo: The Japan Times
TL;DR Summary

The Bank of Japan is expected to raise its key rate from 0.75% to 1% as inflation persists and the yen remains weak, a move analysts say is essentially a done deal; the BOJ last held the rate at 1% in 1995.

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