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Bank of Japan Pushes Rates to 1%: What This Historic Move Means for Cryptocurrency Markets
Japan’s central bank delivered a quarter-point rate increase on Tuesday, pushing its benchmark rate to 1%—a level not witnessed since the mid-1990s. This adjustment represents another milestone in the nation’s gradual departure from its prolonged era of near-zero interest rates. The monetary policy committee approved the 25 basis point increase from 0.75% in a decision that aligned with market expectations. Seven board members supported the measure, with only one dissenting voice. Governor Kazuo Ueda was notably absent from the proceedings. He remains under medical care for an infected liver cyst requiring ... (full story)
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From youtube.com/cnbc-tv18|6 hr ago|6 commentsG7 Summit LIVE: U.S. President Donald Trump arrives for the G7 summit in Evian-les-Bains, France | World Leaders Arrive in France for G7 Summit | Trump at G7 Summit | Macron | ...
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