Bank of Japan Raises Rates to 1.25%, Highest Since 1995

The Bank of Japan has increased interest rates by 0.25 percentage points to 1.25%, the highest level since 1995. This decision reflects concerns over rising inflation risks. The rate hike comes as part of the central bank's ongoing efforts to stabilize the economy amid increasing price pressures. This movement in interest rates will affect borrowing costs, which is crucial for investors monitoring the Japanese economic environment.