Event dossier

Bank of Japan raises interest rates to 31-year high … of 1%

Country acts amid Iran war inflation pressures, but US Fed and Bank of England expected to hold rates Business live – latest updates The Bank of Japan (BoJ) has raised interest rates to a 31-year high as it tries to… Grouped from 7 articles across 6 sources.

7 reports6 sourcesJun 16, 2026, 10:41 AM
FilterThe Guardian
Clustered coverageABC Australia, Al Jazeera, BBC News, CNBC, Financial Times, The Guardian
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The GuardianJun 16, 2026, 10:41 AM

Bank of Japan raises interest rates to 31-year high … of 1%

Country acts amid Iran war inflation pressures, but US Fed and Bank of England expected to hold rates Business live – latest updates The Bank of Japan (BoJ) has raised interest rates to a 31-year high as it tries to dampen inflationary pressures created by the Iran war. Policymakers in Tokyo raised the BoJ’s short-term policy rate by a quarter of one percentage point, to 1% from 0.75% , and warned that companies were passing on rising oil costs to each other at a “relatively fast pace”. Continue reading...

Al JazeeraJun 16, 2026, 7:49 AM

Japan’s central bank raises interest rates to highest level since 1995

Bank of Japan hikes benchmark rate to 1 percent, continuing shift away from decades of ultra-low borrowing costs.

BBC NewsJun 16, 2026, 8:26 AM

Japan raises interest rate to highest for 31 years

The Bank of Japan has been raising rates from near-zero since 2024.

Financial TimesJun 16, 2026, 8:01 AM

Bank of Japan raises rates to 1% for first time since 1995

Central bank says it will stop reducing level of monthly bond purchases from next year

CNBCJun 16, 2026, 5:36 AM

Bank of Japan hikes rates to 1%, highest since 1995, as yen and inflation worries take hold

This is the BOJ's first hike since December, when it raised rates to its current level of 0.75%, also its highest level in over 30 years.

The GuardianJun 16, 2026, 7:35 AM

RBA interest rates: Reserve Bank holds official cash rate at 4.35%

Reserve Bank of Australia decision on Tuesday comes after three consecutive cash rate hikes this year Follow our Australia news live blog for latest updates Get our breaking news email , free app or daily news podcast The Reserve Bank has warned it is ready to raise interest rates further despite leaving its official interest rate on hold at 4.35%. The widely expected decision on Tuesday will bring little relief to mortgage holders, already strained by the RBA’s three consecutive rate hikes earlier in 2026. Continue reading...

ABC AustraliaJun 16, 2026, 4:37 AM

Reserve Bank keeps interest rate at 4.35pc as economy slows

The Reserve Bank keeps the interest rate at 4.35pc as Australia's economy slows down.

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