AssetID: 54463707
Headline: Bank of Japan Raises Interest Rates to 17-Year High Amid Inflation Surge
Caption: Japan's central bank raised interest rates to "around 0.5%" as December's inflation soared to a 16-month high. Core consumer prices rose 3% year-on-year in December, prompting the BOJ to tighten monetary policy. Governor Kazuo Ueda pre-announced the rate hike to prevent the surprises that rattled markets after July's decision.
Keywords: Japan,Bank of Japan,Raises,Interest,High,Inflation surge,Governor Kazuo Ueda,Tokyo,Decision,BOJ,Monetary policy,Prevent,Consumer,Surprises,Donald Trump,United States,President
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