Bank of Japan raises interest rates to 31-year high
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Bank of Japan
Tokyo, Japan
June 16, 2026
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COMPAMIR Editorial Team
The COMPAMIR editorial team brings together public reporting and links to the original coverage. We update the page as new information emerges.
Read our editorial policy- Earlier version 56/16/2026, 6:41:24 AM
The Bank of Japan raised its short-term policy rate to 1% from 0.75%. The decision aims to address inflationary pressures caused by the energy shock from the Iran war. The vote was 7-1, with Governor Kazuo Ueda absent due to medical treatment.
- Earlier version 46/16/2026, 6:01:30 AM
- Earlier version 36/16/2026, 5:41:25 AM
- Earlier version 26/16/2026, 5:21:15 AM
- Earlier version 16/16/2026, 5:11:19 AM
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Related book
The Price of Time: The Real Story of Interest
Author: Edward Chancellor
This book provides a comprehensive history of interest rates and their role in the global economy, helping readers understand the profound implications of central bank policy shifts during inflationary periods.
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