19 Sep 2026 | 3 Mins Read
Bank of Japan hikes rate to 1.25%, impacting global and Indian markets
Flipitmoney
The Bank of Japan has raised its benchmark interest rate to 1.25%, marking the highest level in 31 years due to ongoing inflation concerns. This unexpected move has prompted reactions in global markets, as investors anticipate the possibility of further monetary tightening by the central bank to address rising consumer prices.