Bank of Japan Raises Benchmark Interest Rate to 1.25%, Highest Level Since 1995

3-line summary

• The Bank of Japan raised its benchmark interest rate to 1.25%, the highest level since 1995, according to WSJ.
• Higher rates in Tokyo might make the US less alluring for Japanese investors.
• This provides the specific rate figure for the hike reported earlier as a 31-year high.

This summary is our own processing of the source article; see the source link below for full context.