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Reuters

BOJ raises interest rates to highest in 17 years

Reuters
Summary
Nutrition label

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 .

VR Score

88

Informative language

95

Neutral language

50

Article tone

informal

Language

English

Language complexity

49

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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