Bank of Japan raises interest rates

TOKYO -- The Bank of Japan's two most recent interest rate hikes add roughly 8,000 yen ($51) to the average monthly mortgage payment in the country, Nikkei calculations show, in some cases ...
This was the highest hike in borrowing rates in Japan since the 2008 financial crisis. Bank of Japan headquarters in Tokyo on 29 July 2022 (AP) The central bank had last raised the rates in ...