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fxJun 16, 2026, 3:19 AM

Bank of Japan Hikes Rate by 25 bps to 1%

The Bank of Japan raised its short-term interest rate by 25 basis points to 1% on Tuesday, in line with market expectations.

USDJPY

The Bank of Japan (BoJ) concluded its two-day monetary policy review by raising the short-term interest rate by 25 basis points to 1%, as widely anticipated.

The decision comes amid ongoing normalization efforts by the BoJ, signaling confidence in Japan's economic recovery. Markets had fully priced in the move, limiting immediate volatility in USD/JPY.

Source: FXStreet Forex News