[Breaking News]BOJ lifts policy rate to 31-year high of 1.0%

TOKYO, Japan, June 16 Kyodo - Bank of Japan Deputy Governor Shinichi Uchida speaks at a press conference at the BOJ headquarters in Tokyo on June 16, 2026, following a two-day policy-setting monetary meeting. The central bank, in the absence of Governor Kazuo Ueda who has been hospitalized for treatment of a hepatic cyst infection, decided to lift its key policy rate to a 31-year high of 1.0 percent. (Kyodo)

BOJ lifts policy rate to 31-yr high of 1.0%

BOJ lifts policy rate to 31-yr high of 1.0%

Bank of Japan Deputy Governor Shinichi Uchida speaks at a press conference at the BOJ headquarters in Tokyo on June 16, 2026, following a two-day monetary policy meeting. The central bank, in the absence of Governor Kazuo Ueda who has been hospitalized for medical treatment, decided to lift its key policy rate to a 31-year high of 1.0 percent.

BOJ lifts policy rate to 31-yr high of 1.0%

BOJ lifts policy rate to 31-yr high of 1.0%

Bank of Japan Deputy Governor Shinichi Uchida speaks at a press conference at the BOJ headquarters in Tokyo on June 16, 2026, following a two-day monetary policy meeting. The central bank, in the absence of Governor Kazuo Ueda who has been hospitalized for medical treatment, decided to lift its key policy rate to a 31-year high of 1.0 percent.

BOJ headquarters

BOJ headquarters

The Bank of Japan headquarters is pictured in Tokyo on June 16, 2026. The central bank decided to lift its key policy rate to a 31-year high of 1.0 percent at a two-day policy meeting that ended that day.

BOJ headquarters

BOJ headquarters

The Bank of Japan headquarters is pictured in Tokyo on June 16, 2026. The central bank decided to lift its key policy rate to a 31-year high of 1.0 percent at a two-day policy meeting that ended that day.

BOJ lifts policy rate to 31-year high of 1.0%

BOJ lifts policy rate to 31-year high of 1.0%

Bank of Japan Deputy Governor Shinichi Uchida speaks at a press conference at the BOJ headquarters in Tokyo on June 16, 2026, following a two-day policy-setting monetary meeting. The central bank, in the absence of Governor Kazuo Ueda who has been hospitalized for treatment of a hepatic cyst infection, decided to lift its key policy rate to a 31-year high of 1.0 percent.

BOJ lifts policy rate to 31-year high of 1.0%

BOJ lifts policy rate to 31-year high of 1.0%

Bank of Japan Deputy Governor Shinichi Uchida speaks at a press conference at the BOJ headquarters in Tokyo on June 16, 2026, following a two-day policy-setting monetary meeting. The central bank, in the absence of Governor Kazuo Ueda who has been hospitalized for treatment of a hepatic cyst infection, decided to lift its key policy rate to a 31-year high of 1.0 percent.

BOJ lifts policy rate to 31-year high of 1.0%

BOJ lifts policy rate to 31-year high of 1.0%

Bank of Japan Deputy Governor Shinichi Uchida speaks at a press conference at the BOJ headquarters in Tokyo on June 16, 2026, following a two-day policy-setting monetary meeting. The central bank, in the absence of Governor Kazuo Ueda who has been hospitalized for treatment of a hepatic cyst infection, decided to lift its key policy rate to a 31-year high of 1.0 percent.

BOJ lifts policy rate to 31-yr high of 1.0%

BOJ lifts policy rate to 31-yr high of 1.0%

Bank of Japan Deputy Governor Shinichi Uchida speaks at a press conference at the BOJ headquarters in Tokyo on June 16, 2026, following a two-day monetary policy meeting. The central bank, in the absence of Governor Kazuo Ueda who has been hospitalized for treatment of a hepatic cyst infection, decided to lift its key policy rate to a 31-year high of 1.0 percent.

BOJ lifts policy rate to 31-yr high of 1.0%

BOJ lifts policy rate to 31-yr high of 1.0%

Bank of Japan Deputy Governor Shinichi Uchida speaks at a press conference at the BOJ headquarters in Tokyo on June 16, 2026, following a two-day monetary policy meeting. The central bank, in the absence of Governor Kazuo Ueda who has been hospitalized for treatment of a hepatic cyst infection, decided to lift its key policy rate to a 31-year high of 1.0 percent.

Final press conference of U.S. Fed chief Powell

Final press conference of U.S. Fed chief Powell

U.S. Federal Reserve Board Chair Jerome Powell holds his final press conference in Washington on April 29, 2026, capping his eight years as Fed chief with the key federal funds target rate on hold amid inflation concerns. He said after the two-day policy-setting meeting he will remain on the board for "a period of time" after his term ends in mid-May.

BOJ raises key rate to 30-year-high of 0.75%

TOKYO, Japan, Dec. 19 Kyodo - Bank of Japan Governor Kazuo Ueda attends a press conference at the central bank's headquarters in Tokyo on Dec. 19, 2025, following the second day of a two-day policy-setting meeting at which the BOJ raised its key interest rate to a 30-year high of around 0.75 percent from 0.50 percent. (Kyodo)

BOJ raises key rate to 30-year-high of 0.75%

BOJ raises key rate to 30-year-high of 0.75%

Bank of Japan Governor Kazuo Ueda attends a press conference at the central bank's headquarters in Tokyo on Dec. 19, 2025, following the second day of a two-day policy-setting meeting at which the BOJ raised its key interest rate to a 30-year high of around 0.75 percent from 0.50 percent.

BOJ raises key rate to 30-year-high of 0.75%

BOJ raises key rate to 30-year-high of 0.75%

Bank of Japan Governor Kazuo Ueda attends a press conference at the central bank's headquarters in Tokyo on Dec. 19, 2025, following the second day of a two-day policy-setting meeting at which the BOJ raised its key interest rate to a 30-year high of around 0.75 percent from 0.50 percent.

BOJ raises key rate to 30-year-high of 0.75%

BOJ raises key rate to 30-year-high of 0.75%

Bank of Japan Governor Kazuo Ueda attends a press conference at the central bank's headquarters in Tokyo on Dec. 19, 2025, following the second day of a two-day policy-setting meeting at which the BOJ raised its key interest rate to a 30-year high of around 0.75 percent from 0.50 percent.

BOJ raises key rate to 30-year-high of 0.75%

BOJ raises key rate to 30-year-high of 0.75%

Bank of Japan Governor Kazuo Ueda attends a press conference at the central bank's headquarters in Tokyo on Dec. 19, 2025, following the second day of a two-day policy-setting meeting at which the BOJ raised its key interest rate to a 30-year high of around 0.75 percent from 0.50 percent.

BOJ raises key rate to 30-year-high of 0.75%

BOJ raises key rate to 30-year-high of 0.75%

Bank of Japan Governor Kazuo Ueda attends a press conference at the central bank's headquarters in Tokyo on Dec. 19, 2025, following the second day of a two-day policy-setting meeting at which the BOJ raised its key interest rate to a 30-year high of around 0.75 percent from 0.50 percent.

BOJ raises key rate to 30-year-high of 0.75%

BOJ raises key rate to 30-year-high of 0.75%

Bank of Japan Governor Kazuo Ueda attends a press conference at the central bank's headquarters in Tokyo on Dec. 19, 2025, following the second day of a two-day policy-setting meeting at which the BOJ raised its key interest rate to a 30-year high of around 0.75 percent from 0.50 percent.

China announces rate cut

China announces rate cut

Pan Gongsheng (L), governor of the People's Bank of China, speaks at a press conference in Beijing on May 7, 2025. The Chinese central bank said it will cut a key policy interest rate the following day.

China announces rate cut

China announces rate cut

Monitors show Pan Gongsheng, governor of the People's Bank of China, speaking at a press conference in Beijing on May 7, 2025. The Chinese central bank said it will cut a key policy interest rate the following day.

China announces rate cut

China announces rate cut

Pan Gongsheng, governor of the People's Bank of China, speaks at a press conference in Beijing on May 7, 2025. The Chinese central bank said it will cut a key policy interest rate the following day.

Fed chair Powell

Fed chair Powell

U.S. Federal Reserve Chair Jerome Powell holds a press conference following the central bank's policy meeting in Washington on May 7, 2025. The Fed kept its key interest rate steady for a third straight policy meeting, saying the risk of inflation has increased.

China announces rate cut

China announces rate cut

Pan Gongsheng (2nd from L), governor of the People's Bank of China, attends a press conference in Beijing on May 7, 2025. The Chinese central bank said it will cut a key policy interest rate the following day.

China announces rate cut

China announces rate cut

Pan Gongsheng, governor of the People's Bank of China, speaks at a press conference in Beijing on May 7, 2025. The Chinese central bank said it will cut a key policy interest rate the following day.

China announces rate cut

China announces rate cut

Pan Gongsheng, governor of the People's Bank of China, speaks at a press conference in Beijing on May 7, 2025. The Chinese central bank said it will cut a key policy interest rate the following day.

ECB President Lagarde

ECB President Lagarde

European Central Bank President Christine Lagarde holds a press conference in Frankfurt on April 17, 2025, following the ECB policy-setting committee's decision to lower its key interest rate by 0.25 point to 2.25 percent.

ECB President Lagarde

ECB President Lagarde

European Central Bank President Christine Lagarde holds a press conference in Frankfurt on Jan. 30, 2025, following the ECB policy-setting committee's decision to lower its key interest rate by a quarter of a percentage point.

BOJ lifts rate to 17-year high of 0.5%

BOJ lifts rate to 17-year high of 0.5%

Bank of Japan Governor Kazuo Ueda attends a press conference at the central bank's headquarters in Tokyo on Jan. 24, 2025, following the BOJ's decision to raise its key interest rate from 0.25 percent to 0.5 percent, its highest level in about 17 years, on the second day of its two-day policy-setting meeting.

BOJ lifts rate to 17-year high of 0.5%

BOJ lifts rate to 17-year high of 0.5%

Bank of Japan Governor Kazuo Ueda attends a press conference at the central bank's headquarters in Tokyo on Jan. 24, 2025, following the BOJ's decision to raise its key interest rate from 0.25 percent to 0.5 percent, its highest level in about 17 years, on the second day of its two-day policy-setting meeting.

BOJ lifts rate to 17-year high of 0.5%

BOJ lifts rate to 17-year high of 0.5%

Bank of Japan Governor Kazuo Ueda attends a press conference at the central bank's headquarters in Tokyo on Jan. 24, 2025, following the BOJ's decision to raise its key interest rate from 0.25 percent to 0.5 percent, its highest level in about 17 years, on the second day of its two-day policy-setting meeting.

BOJ lifts rate to 17-year high of 0.5%

BOJ lifts rate to 17-year high of 0.5%

Bank of Japan Governor Kazuo Ueda attends a press conference at the central bank's headquarters in Tokyo on Jan. 24, 2025, following the BOJ's decision to raise its key interest rate from 0.25 percent to 0.5 percent, its highest level in about 17 years, on the second day of its two-day policy-setting meeting.

BOJ policy-setting meeting

TOKYO, Japan, Dec. 19 Kyodo - Bank of Japan Governor Kazuo Ueda holds a press conference at the central bank's headquarters in Tokyo on Dec. 19, 2024, after the BOJ kept its key interest rate unchanged at around 0.25 percent during a two-day policy-setting meeting. (Kyodo)

BOJ policy-setting meeting

BOJ policy-setting meeting

Bank of Japan Governor Kazuo Ueda holds a press conference at the central bank's headquarters in Tokyo on Dec. 19, 2024, after the BOJ kept its key interest rate unchanged at around 0.25 percent during a two-day policy-setting meeting.

BOJ policy-setting meeting

BOJ policy-setting meeting

Bank of Japan Governor Kazuo Ueda holds a press conference at the central bank's headquarters in Tokyo on Dec. 19, 2024, after the BOJ kept its key interest rate unchanged at around 0.25 percent during a two-day policy-setting meeting.

BOJ policy-setting meeting

BOJ policy-setting meeting

Bank of Japan Governor Kazuo Ueda holds a press conference at the central bank's headquarters in Tokyo on Dec. 19, 2024, after the BOJ kept its key interest rate unchanged at around 0.25 percent during a two-day policy-setting meeting.

ECB President Lagarde

ECB President Lagarde

European Central Bank President Christine Lagarde holds a press conference in Frankfurt on Dec. 12, 2024, following the ECB policy-setting committee's decision to lower its key interest rate by a quarter percentage point.

Fed chair Powell

Fed chair Powell

U.S. Federal Reserve Chair Jerome Powell holds a press conference in Washington on Nov. 7, 2024, after the Fed decided at a policy-setting meeting to reduce its key interest rate by 0.25 percentage point.

Fed chair Powell

Fed chair Powell

U.S. Federal Reserve Chair Jerome Powell holds a press conference in Washington on Nov. 7, 2024, after the Fed decided at a policy-setting meeting to reduce its key interest rate by 0.25 percentage point.

Fed cuts key rate by 0.5 point

Fed cuts key rate by 0.5 point

Federal Reserve Chair Jerome Powell holds a press conference in Washington on Sept. 18, 2024, after the Fed decided at a policy-setting meeting to reduce its key interest rate by a larger-than-usual 0.5 percentage point, its first rate cut in four and a half years.

Fed cuts key rate by 0.5 point

Fed cuts key rate by 0.5 point

Federal Reserve Chair Jerome Powell holds a press conference in Washington on Sept. 18, 2024, after the Fed decided at a policy-setting meeting to reduce its key interest rate by a larger-than-usual 0.5 percentage point, its first rate cut in four and a half years.

Japan PM Kishida

Japan PM Kishida

Japanese Prime Minster Fumio Kishida speaks to the press at the premier's office in Tokyo on July 31, 2024, after the Bank of Japan raised its key short-term interest rate to around 0.25 percent from a range of zero to 0.1 percent at its policy-setting meeting.

BOJ policy-setting meeting

BOJ policy-setting meeting

Bank of Japan Governor Kazuo Ueda attends a press conference at the central bank's headquarters in Tokyo on July 31, 2024, following a two-day policy-setting meeting. The BOJ raised its key short-term interest rate to around 0.25 percent from a range of zero to 0.1 percent.

BOJ policy-setting meeting

BOJ policy-setting meeting

Bank of Japan Governor Kazuo Ueda speaks at a press conference at the central bank's headquarters in Tokyo on July 31, 2024, following a two-day policy-setting meeting. The BOJ raised its key short-term interest rate to around 0.25 percent from a range of zero to 0.1 percent.

BOJ policy-setting meeting

BOJ policy-setting meeting

Bank of Japan Governor Kazuo Ueda attends a press conference at the central bank's headquarters in Tokyo on July 31, 2024, following a two-day policy-setting meeting. The BOJ raised its key short-term interest rate to around 0.25 percent from a range of zero to 0.1 percent.

Japan PM Kishida

Japan PM Kishida

Japanese Prime Minster Fumio Kishida speaks to the press at the premier's office in Tokyo on July 31, 2024, after the Bank of Japan raised its key short-term interest rate to around 0.25 percent from a range of zero to 0.1 percent at its policy-setting meeting.

BOJ policy-setting meeting

BOJ policy-setting meeting

Bank of Japan Governor Kazuo Ueda speaks at a press conference at the central bank's headquarters in Tokyo on July 31, 2024, following a two-day policy-setting meeting. The BOJ raised its key short-term interest rate to around 0.25 percent from a range of zero to 0.1 percent.

BOJ policy-setting meeting

BOJ policy-setting meeting

Bank of Japan Governor Kazuo Ueda speaks at a press conference at the central bank's headquarters in Tokyo on July 31, 2024, following a two-day policy-setting meeting. The BOJ raised its key short-term interest rate to around 0.25 percent from a range of zero to 0.1 percent.

BOJ policy-setting meeting

BOJ policy-setting meeting

Bank of Japan Governor Kazuo Ueda speaks at a press conference at the central bank's headquarters in Tokyo on July 31, 2024, following a two-day policy-setting meeting. The BOJ raised its key short-term interest rate to around 0.25 percent from a range of zero to 0.1 percent.

India's central banking institution keeps repo rate unchanged at 6.5 pct for 7th time in row

STORY: India's central banking institution keeps repo rate unchanged at 6.5 pct for 7th time in row SHOOTING TIME: April 5, 2024 DATELINE: April 6, 2024 LENGTH: 00:01:13 LOCATION: New Delhi CATEGORY: ECONOMY SHOTLIST: 1. various of India Gate 2. various of RBI building 3. various of banks 4. various of market area STORYLINE: India's central banking institution, the Reserve Bank of India (RBI), on Friday announced it has kept the repo rate unchanged at 6.5 percent. The repo rate is the rate at which the central bank lends money to commercial banks in the event of a shortfall of funds. This is the seventh time in a row the six-member Monetary Policy Committee (MPC) has decided to keep the key rates unchanged. According to the RBI, these decisions are in consonance with the objective of achieving the medium-term target for consumer price index (CPI) inflation of 4 percent within a band of plus or minus 2 percent, while supporting growth. Meanwhile, the real GDP growth for 2024-25 is projected at 7.0 perce

BOJ ends negative rate

BOJ ends negative rate

Bank of Japan governor Kazuo Ueda holds a press conference in Tokyo on March 19, 2024, after the central bank decided to end its long-running negative interest rate policy, raising its key short-term interest rates for the first time in 17 years at a two-day policy-setting meeting.