JPY News Today: Bank of Japan Raises Rates, Impacting Markets on Dec

For the first time since 1995, the Bank of Japan has raised interest rates above 0.5%, increasing them by 25 basis points. This significant move impacts global markets, particularly affecting the Japanese yen and financial sectors. As the Japanese economy faces shifts, investors globally are keen on understanding the ramifications. This decision reflects a strategic shift towards addressing inflationary pressures, aligning Japan with international monetary trends.