{"id":324050,"date":"2025-12-19T04:59:07","date_gmt":"2025-12-19T04:59:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/324050\/"},"modified":"2025-12-19T04:59:07","modified_gmt":"2025-12-19T04:59:07","slug":"bank-of-japan-takes-policy-rate-to-0-75-a-30-year-high","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/324050\/","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":324051,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[13209,84,1294,814,13208,19204,5134,56,54,55],"class_list":["post-324050","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-boj","tag-business","tag-economy","tag-interest-rates","tag-japanese-economy","tag-kazuo-ueda","tag-u-s","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/324050","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=324050"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/324050\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/324051"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=324050"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=324050"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=324050"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}