The Bank of Japan has raised its benchmark interest rate to 1%, citing challenges stemming from a weak Japanese yen and higher prices.

The Bank of Japan is expected to raise rates to 1% at its June meeting, the highest since 1995. Here's what it means for crypto and global markets.

Tokyo, June 15 (Jiji Press)--The Bank of Japan began a two-day policy-setting meeting on Monday, where it is widely expected to raise its policy interest rate from 0.75 pct to 1…

Bank of Japan is expected to raise rates to 1% as inflation, weak yen and energy costs push the central bank towards tighter monetary policy.