Bank of Japan raises rates to 1% for first time since 1995
AI Summary
The Bank of Japan has raised interest rates to 1% for the first time since 1995. The central bank's deputy Shinichi Uchida will lead the press conference after chief Kazuo Ueda was hospitalized last week.
Central bank deputy Shinichi Uchida to lead press conference after chief Kazuo Ueda hospitalised last week