Bank of Japan raises interest rate to 0.5 pct-Xinhua

Bank of Japan raises interest rate to 0.5 pct

Source: Xinhua

Editor: huaxia

2025-01-24 11:27:30

TOKYO, Jan. 24 (Xinhua) -- The Bank of Japan on Friday raised its policy interest rate to 0.5 percent from 0.25 percent, in line with market expectations and marking another step to unwind its long-standing ultra-loose monetary stimulus.