Bank of Japan Hikes Rates
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Japanese government bond yieldReuters
•BOJ raises interest rates to highest in 17 years
77% Informative
The Bank of Japan raised interest rates on Friday to their highest since the 2008 global financial crisis.
It also revised up its inflation forecasts, underscoring confidence that rising wages will keep inflation at around 2% .
The decision marks its first rate hike since July last year and comes just days after the inauguration of Donald Trump .
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