Japan's Central Bank has increased its benchmark interest rate to 0.75%, marking the highest level in 30 years. This decision aligns with market expectations and reflects a broader trend of tightening global financial policies. The rate hike is the first in 11 months, following the last adjustment in January 2025.
The central bank's policy review also highlighted efforts to counter the financing of terrorism, indicating a comprehensive approach to financial regulation. This move is expected to have significant implications for global markets, including the cryptocurrency sector, which remains under close regulatory scrutiny.
Japan's Central Bank Raises Interest Rate to 0.75%, Highest in 30 Years
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