[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.

PRESS MEETING RIKSBANK'S INTEREST RATE ANNOUNCEMENT

PRESS MEETING RIKSBANK'S INTEREST RATE ANNOUNCEMENT

Riksbank Governor Erik Thedéen during a press conference, in Stockholm, after the announcement that the Riksbank will leave the policy rate unchanged at 1.75 percent.Photo: Pontus Lundahl / TT / Code 10050

Fed cuts key rate by 0.25 point

Fed cuts key rate by 0.25 point

U.S. Federal Reserve Chair Jerome Powell holds a press conference in Washington on Dec. 10, 2025, following a two-day monetary policy meeting. The Fed decided to cut its benchmark interest rate by 0.25 percentage point, its third straight rate reduction.

RIKSBANKEN INTEREST RATE ANNOUNCEMENT MALMÖ

RIKSBANKEN INTEREST RATE ANNOUNCEMENT MALMÖ

Riksbank Governor Erik Thedéen holds a press conference in Malmö after Tuesday's interest rate announcement. the Executive Board has decided to cut the policy rate by 0.25 percentage points, to 1.75 per cent. The Riksbank held its interest rate meeting in Malmö as part of its preparedness work. Photo: Johan Nilsson / TT / Code 50090

RIKSBANKEN INTEREST RATE ANNOUNCEMENT

RIKSBANKEN INTEREST RATE ANNOUNCEMENT

MALMÖ 2025-09-23 Riksbank Governor Erik Thedéen holds a press conference in Malmö after Tuesday's interest rate announcement. the Executive Board has decided to cut the policy rate by 0.25 percentage points, to 1.75 per cent. The Riksbank held its interest rate meeting in Malmö as part of its preparedness work. Photo: Johan Nilsson / TT / Code 50090

Belgique, Bruxelles : le commissaire européen au Commerce Valdis Dombrovskis, EU Spring 2025 Economic Forecast (19/05/2025)

Belgique, Bruxelles : le commissaire européen au Commerce Valdis Dombrovskis, EU Spring 2025 Economic Forecast (19/05/2025)

Executive Vice President of the European Commission for An Economy that Works for People Valdis Dombrovskis talks to media in the Berlaymont, the EU Commission headquarter on May 19, 2025 in Brussels, Belgium. The EU economy began 2025 on a somewhat stronger footing than anticipated. It is projected to keep growing at a modest rate this year, with growth expected to pick up in 2026, despite heightened global policy uncertainty and trade tensions. Photo by Monasse T/ANDBZ/ABACAPRESS.COM

Belgique, Bruxelles : le commissaire européen au Commerce Valdis Dombrovskis, EU Spring 2025 Economic Forecast (19/05/2025)

Belgique, Bruxelles : le commissaire européen au Commerce Valdis Dombrovskis, EU Spring 2025 Economic Forecast (19/05/2025)

Executive Vice President of the European Commission for An Economy that Works for People Valdis Dombrovskis talks to media in the Berlaymont, the EU Commission headquarter on May 19, 2025 in Brussels, Belgium. The EU economy began 2025 on a somewhat stronger footing than anticipated. It is projected to keep growing at a modest rate this year, with growth expected to pick up in 2026, despite heightened global policy uncertainty and trade tensions. Photo by Monasse T/ANDBZ/ABACAPRESS.COM

Belgique, Bruxelles : le commissaire européen au Commerce Valdis Dombrovskis, EU Spring 2025 Economic Forecast (19/05/2025)

Belgique, Bruxelles : le commissaire européen au Commerce Valdis Dombrovskis, EU Spring 2025 Economic Forecast (19/05/2025)

Executive Vice President of the European Commission for An Economy that Works for People Valdis Dombrovskis talks to media in the Berlaymont, the EU Commission headquarter on May 19, 2025 in Brussels, Belgium. The EU economy began 2025 on a somewhat stronger footing than anticipated. It is projected to keep growing at a modest rate this year, with growth expected to pick up in 2026, despite heightened global policy uncertainty and trade tensions. Photo by Monasse T/ANDBZ/ABACAPRESS.COM

Belgique, Bruxelles : le commissaire européen au Commerce Valdis Dombrovskis, EU Spring 2025 Economic Forecast (19/05/2025)

Belgique, Bruxelles : le commissaire européen au Commerce Valdis Dombrovskis, EU Spring 2025 Economic Forecast (19/05/2025)

Executive Vice President of the European Commission for An Economy that Works for People Valdis Dombrovskis talks to media in the Berlaymont, the EU Commission headquarter on May 19, 2025 in Brussels, Belgium. The EU economy began 2025 on a somewhat stronger footing than anticipated. It is projected to keep growing at a modest rate this year, with growth expected to pick up in 2026, despite heightened global policy uncertainty and trade tensions. Photo by Monasse T/ANDBZ/ABACAPRESS.COM

Belgique, Bruxelles : le commissaire européen au Commerce Valdis Dombrovskis, EU Spring 2025 Economic Forecast (19/05/2025)

Belgique, Bruxelles : le commissaire européen au Commerce Valdis Dombrovskis, EU Spring 2025 Economic Forecast (19/05/2025)

Executive Vice President of the European Commission for An Economy that Works for People Valdis Dombrovskis talks to media in the Berlaymont, the EU Commission headquarter on May 19, 2025 in Brussels, Belgium. The EU economy began 2025 on a somewhat stronger footing than anticipated. It is projected to keep growing at a modest rate this year, with growth expected to pick up in 2026, despite heightened global policy uncertainty and trade tensions. Photo by Monasse T/ANDBZ/ABACAPRESS.COM

Belgique, Bruxelles : le commissaire européen au Commerce Valdis Dombrovskis, EU Spring 2025 Economic Forecast (19/05/2025)

Belgique, Bruxelles : le commissaire européen au Commerce Valdis Dombrovskis, EU Spring 2025 Economic Forecast (19/05/2025)

Executive Vice President of the European Commission for An Economy that Works for People Valdis Dombrovskis talks to media in the Berlaymont, the EU Commission headquarter on May 19, 2025 in Brussels, Belgium. The EU economy began 2025 on a somewhat stronger footing than anticipated. It is projected to keep growing at a modest rate this year, with growth expected to pick up in 2026, despite heightened global policy uncertainty and trade tensions. Photo by Monasse T/ANDBZ/ABACAPRESS.COM

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 chief Ueda

TOKYO, Japan, Dec. 25 Kyodo - Bank of Japan Governor Kazuo Ueda makes a speech in Tokyo on Dec. 25, 2024. (Kyodo)

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.

China Real Estate Policy

China Real Estate Policy

An aerial photo shows community construction in Zhoushan city, Zhejiang province, China, Nov 14, 2024.

China Real Estate Policy

China Real Estate Policy

An aerial photo shows community construction in Zhoushan city, Zhejiang province, China, Nov 14, 2024.

China Real Estate Policy

China Real Estate Policy

An aerial photo shows community construction in Zhoushan city, Zhejiang province, China, Nov 14, 2024.