Japan Raises Rates to 31-Year High to Ward Off War Inflation
Going against Prime Minister Takaichi’s wishes, Japan’s central bank acted amid U.S. pressure, a tanking currency and inflation from energy disruptions. [Source]
Publication Date:Origin: nytimes.com
Category: Bank of Japan
Topics: disruptions, energy, inflation, currency, tanking, pressure, acted, central, Japan’s, wishes, Takaichi’s, Minister, Prime, against, Going, Inflation, 31-Year, Rates, Raises, Japan
Source: https://www.nytimes.com/2026/06/16/business/japan-interest-rates-war.html