Bank of Japan Raises Interest Rates to Highest Level Since 2008

The return of inflation and wage growth is giving the Bank of Japan room to raise interest rates and declare the end of a long period of stagnation. Bank of Japan, Japan, Banking and Financial Institutions, Economic Conditions and Trends, Prices (Fares, Fees and Rates), Interest Rates The return of inflation and wage growth is giving the Bank of Japan room to raise interest rates and declare the end of a long period of stagnation. NYT > Business