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Saturday, July 4, 2026

Bank of Japan Resumes Hiking Rates as Economy Strengthens

The central bank lifted its target for the overnight call rate to 0.5% from 0.25% TOKYO—The Bank of Japan raised interest rates on Friday to the highest level since October 2008, as the economy makes steady progress toward the bank’s goal of stable 2% inflation and wage-backed growth. The Japanese …

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