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Bank of Japan warns of rising inflation risk above 2% target
The Bank of Japan warns of inflation risks above its 2% target, highlighted by a rate hike to 1%, driven by rising energy costs and yen fluctuations.
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thehindu.com
Bank of Japan hikes rate to 31-year high, citing inflation
Bank of Japan raises interest rate to 1%, reaching a 31-year high amid inflation and yen challenges while Nikkei 225 tops 70,000.
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newsbytesapp.com
Japan raises interest rate to 31-year high
The Bank of Japan plans to increase interest rates to 1%, the highest in 31 years, aligning with global central banks' efforts to tackle inflation.
