General News

Japan’s central bank raises interest rates to highest level since 1995

Low Severity Asia Japan
Date Occurred Jun 16, 2026 07:49 UTC
Event Type General News
Source Al Jazeera
Recorded Jun 16, 2026
Full Description

Bank of Japan hikes benchmark rate to 1 percent, continuing shift away from decades of ultra-low borrowing costs.

Original Source
https://www.aljazeera.com/economy/2026/6/16/japans-central-bank-raises-interest-rates-to-highest-level-since-1995?traffic_source=rss
Country Profile
Japan flag Japan
Region Asia
Capital Tokyo
Population 37,468,302
GDP / Capita $28200.0
View Full Country Profile
Event Metadata
  • ID #8875
  • Type General News
  • Region Asia
  • Severity Low
  • Indexed Jun 16, 2026
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