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Japan Raises Rates to 31-Year High to Ward Off War Inflation

Japan Raises Rates to 31-Year High to Ward Off War Inflation
New York Times Tuesday 16 June 2026, 04:41 UTC By River Akira Davis and Kiuko Notoya 1 min read
Key Points

Prime Minister Sanae Takaichi of Japan in Tokyo last month. Her government spending agenda faces pressure from rising interest rates.

Prime Minister Sanae Takaichi of Japan in Tokyo last month. Her government spending agenda faces pressure from rising interest rates. [Image text:] t6.. CEEEN 8 =
Japan (LOCATION) Ward Off War Inflation Prime (ORG) Sanae Takaichi (PERSON) Tokyo (LOCATION)
Originally published by New York Times Read original →

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