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Japan raises interest rates to 31-year high to curb impact of rising prices

The Guardian UK Friday 18 September 2026, 07:14 UTC By Reuters 1 min read
Key Points

Increase from 1% to 1.25% follows US Federal Reserve and European Central Bank tightening monetary policyBusiness live – latest updatesJapan’s central bank has increased interest rates to a fresh 31-year high as it attempts to combat high global inflation linked to the war in Iran. The Bank of Japan voted to raise its target interest rate from 1% to 1.25%, the highest level since 1995.

Increase from 1% to 1.25% follows US Federal Reserve and European Central Bank tightening monetary policy

Japan’s central bank has increased interest rates to a fresh 31-year high as it attempts to combat high global inflation linked to the war in Iran.

The Bank of Japan voted to raise its target interest rate from 1% to 1.25%, the highest level since 1995.

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Japan (LOCATION) US Federal Reserve (ORG) European Central Bank (ORG) Iran (LOCATION) The Bank of Japan (ORG)
Originally published by The Guardian UK Read original →

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