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Bank of Japan hikes rates to highest since 1995 as yen languishes at historic lows - CNBC

This is the BOJ's first hike since December, when it raised rates to its current level of 0.75%, also its highest level in over 30 years.

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The Bank of Japan headquarters in Tokyo on May 30, 2024. Japan's central bank on Tuesday raised its policy rate to the highest in over 30 years at 1%, in line with expectations of economists polled … [+3396 chars]

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