Yen Weakness

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BOJ Governor Ueda announces 0.75% rate hike at press conference, with dynamic charts of yen fluctuations, inflation, bank adjustments, and market reactions in Tokyo financial district.
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BOJ 0.75% Rate Hike: Ueda's Outlook, Market Reactions, and Bank Responses

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Following its December 19-20 policy meeting, the Bank of Japan raised its rate to 0.75%, prompting yen fluctuations, sustained high inflation, bank rate adjustments, and measured government support amid U.S. tariff concerns and shunto wage prospects.

Bank of Japan raises rates as yen weakens

The Bank of Japan raised its policy rate to 0.75% from 0.5% on December 20, marking a 30-year high aimed at curbing inflation. However, the yen weakened sharply against the dollar and other major currencies. Markets reacted with sales due to the BOJ's vague outlook on future hikes.

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