Bank of Japan reportedly raises policy rate to a 31-year high
A post sharing Reuters’ coverage says Japan’s central bank raised rates on September 18. A separate market post says a “dovish twist” to the hike pushed the yen lower.
TLDR
Japan’s policy rate reached a 31-year high, according to a September 18 post sharing Reuters’ live coverage. Another market post describes a mixed backdrop: a “dovish twist” to Japan’s hike weakened the yen, while Asian stocks rose with help from lower oil prices.
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