Bank of Japan Raises Rates to Highest Level in Nearly 30 Years

The Bank of Japan (BoJ) has taken another decisive step away from its ultra-loose monetary policy, voting unanimously to raise its short-term policy interest rate by 25 basis points to 0. 75%. source: https://www.ethnews.com/bank-of-japan-raises-rates-to-highest-level-in-nearly-30-years/