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The Bank of Japan is expected to raise interest rates by the largest amount in 18 years

The Bank of Japan is widely expected to raise its base rate to 0.5 per cent on Friday, with the 25 basis point increase the largest since February 2007, adding to signs that Japan's economy is finally returning to normal. Two key points that Bank of Japan Governor Kazuo Ueda made clear last month when considering a rate hike have been largely clear. So far, the country's wages have risen...

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2025-01-23 00:48:18
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