gg2
Japan news
The gist
The Bank of Japan raised its policy rate by 25 basis points to 1.25%.
The split 7-2 decision quickens Japan's rate-hike cycle, affecting borrowers and the yen.
How it unfolded
- Sep 15, 2026The New York Times reported that as the Bank of Japan weighs another rate increase on Friday, a divide over how Japan should confront inflation is widening.
- Sep 17, 2026Japan's central bank raises benchmark interest rate to 1.25%.
- Sep 18, 2026The Bank of Japan raised its policy rate by 25 basis points to 1.25%, the highest level since 1995, in a 7-2 split decision with board members Toichiro Asada and Ayano Sato dissenting.