Bank of Japan Raises Rate to 1.25% as Yen Weakens After 31-Year High
BOJ raised its policy rate by 25 basis points to 1.25%, the highest level since 1995. The yen fell after the decision, while markets continued to price further BOJ tightening. The Bank of Japan (BOJ) raised its policy interest rate by 25 basis points to 1.25% on September 18, taking borrowing costs to their highest
