Stock market: Japan’s central bank raises interest rates to 1%, the highest level since 1995

Rome, 16 June (LaPresse) – The Bank of Japan (BoJ) has decided to raise its key interest rates by a quarter of a percentage point, bringing them to 1%, the highest level since 1995. The move represents a further step in the process of monetary policy normalisation initiated by the Bank of Japan following years of ultra-accommodative measures.