{"id":641648,"date":"2025-12-19T05:40:15","date_gmt":"2025-12-19T05:40:15","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/641648\/"},"modified":"2025-12-19T05:40:15","modified_gmt":"2025-12-19T05:40:15","slug":"bank-of-japan-takes-policy-rate-to-0-75-a-30-year-high","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/641648\/","title":{"rendered":"Bank of Japan takes policy rate to 0.75%, a 30-year high"},"content":{"rendered":"<p>The Bank of Japan raised rates on Friday, taking Japan\u2019s borrowing costs to a 30-year high as inflation remains elevated, the yen trades weak against the dollar and real wages continue to fall.<\/p>\n<p>The central bank increased its short-term policy rate to 0.75% from 0.5% on Friday, following a two-day meeting. The decision was widely expected by economists and analysts.<\/p>\n<p>The move takes Japan&#8217;s interest rates above 0.5% for the first time since 1995.<\/p>\n<p>It is the first rate increase by the central bank since January.<\/p>\n<p>BOJ Gov. Kazuo Ueda is scheduled to speak later Friday.<\/p>\n","protected":false},"excerpt":{"rendered":"The Bank of Japan raised rates on Friday, taking Japan\u2019s borrowing costs to a 30-year high as inflation&hellip;\n","protected":false},"author":2,"featured_media":641649,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3090],"tags":[13837,51,1700,478,34093,129717,1017,16,15],"class_list":{"0":"post-641648","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-boj","9":"tag-business","10":"tag-economy","11":"tag-interest-rates","12":"tag-japanese-economy","13":"tag-kazuo-ueda","14":"tag-u-s","15":"tag-uk","16":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115744632365930181","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/641648","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=641648"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/641648\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/641649"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=641648"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=641648"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=641648"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}