Bank of Japan Raises Key Rate to 0.75%, Ending Era of Ultra-Loose Policy
The Bank of Japan lifted its key rate to 0.75%, ending decades of ultra-easy policy as stocks rose, the yen weakened, and bond yields hit multi-year highs.
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The Bank of Japan lifted its key rate to 0.75%, ending decades of ultra-easy policy as stocks rose, the yen weakened, and bond yields hit multi-year highs.