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Japan Raises Interest Rates to 31-Year High Under U.S. Pressure

Japan Raises Interest Rates to 31-Year High Under U.S. Pressure
Key Points

Bank of Japan Governor Kazuo Ueda indicated that underlying inflation is approaching the central bank’s 2 percent target after months of steady signals.

Bank of Japan Governor Kazuo Ueda indicated that underlying inflation is approaching the central bank’s 2 percent target after months of steady signals.
Japan (LOCATION) U.S. Pressure Bank of Japan (ORG) Kazuo Ueda (PERSON)
Originally published by NYT Business Read original →