Bank of Japan Interest Rate Hike to 0.75%: Why This Bold Shift Matters for Inflation and the Yen
Introduction: A historic rate shift The latest Bank of Japan interest rate hike has taken the policy rate to around 0.75%, the highest level in roughly three decades and a clear break from Japan’s long experiment with ultra‑loose monetary policy. For years, Japan kept rates near or below zero to fight deflation and support weak growth, but…