BoJ

Japan’s Interest Rate Hike: A Turning Point for the Economy On January 24, 2025, the Bank of Japan (BoJ) made headlines by raising its short-term policy rate to 0.5%, marking the highest level since 2008. This decision, the third hike in less than a year, signals a significant shift in Japan’s monetary policy and reflects the country’s ongoing battle against decades of economic stagnation. Let’s dive into the details of this historic move and its implications for Japan and the global economy. ...