Wire report
Bank of Japan raises interest rates to 31-year high amid Iran war inflation pressures
Country follows ECB in increasing borrowing costs, but US Fed and Bank of England expected to hold rates Business live – latest updates The Bank of Japan (BoJ) has raised interest rates to a 31-year high as it tries to dampen inflationary pressures created by the Iran war. Policymakers in Tokyo raised the BoJ’s short-term policy rate by a quarter of one percentage point, to 1% from 0.75% , and warned that companies were passing on rising oil costs to each other at a “relatively fast pace”. Continue reading...
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Country follows ECB in increasing borrowing costs, but US Fed and Bank of England expected to hold rates Business live – latest updates The Bank of Japan (BoJ) has raised interest rates to a 31-year high as it tries to dampen inflationary pressures created by the Iran war. Policymakers in Tokyo raised the BoJ’s short-term policy rate by a quarter of one percentage point, to 1% from 0.75% , and warned that companies were passing on rising oil costs to each other at a “relatively fast pace”. Continue reading...
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What happened
According to The Guardian’s linked item, Bank of Japan raises interest rates to 31-year high amid Iran war inflation pressures, Country follows ECB in increasing borrowing costs, but US Fed and Bank of England expected to hold rates Business live – latest updates The Bank of Japan (BoJ) has raised interest rates to a 31-year high as it tries to dampen inflationary pressures created by the Iran war. Policymakers in Tokyo raised the BoJ’s short-term policy rate by a quarter of one percentage point, to 1% from 0.75% , and warned that companies were passing on rising oil costs to each other at a “relatively fast pace”. Continue reading…
Context
The development sits in VINI’s Technology coverage for readers following technology, science, product policy, markets, infrastructure, and the public consequences of innovation. The original report is linked so readers can check the source account, follow later updates, and compare new coverage against the first published record. The linked item is dated 2026-06-16T08:51:55+00:00.
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Source
Primary source: Bank of Japan raises interest rates to 31-year high amid Iran war inflation pressures via The Guardian. VINI cites and links the source; it does not reproduce the publisher’s full article text without rights clearance.
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- Bank of Japan raises interest rates to 31-year high amid Iran war inflation pressuresThe Guardian - 2026-06-16T08:51:55+00:00
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