Money and business

Japan raises interest rates to the highest level in three decades


The Bank of Japan on Friday raised interest rates to Highest level in three decades, ending further Monetary easing. The bank unanimously decided to raise the short-term interest rate to (0.75%), compared to (0.5%) previously.
The bank explained in a statement that the cycle The rate hike will continue, stressing his intention to continue increasing borrowing costs if his economic expectations are met.

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