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flag Japan's central bank raised interest rates to 0.75%, its highest since 1995, citing inflation and a weak yen.

flag The Bank of Japan raised its policy rate to 0.75%, its highest since 1995, in December, with officials signaling further hikes may come, though no specific timing was set. flag Policymakers emphasized gradual, data-driven adjustments, citing persistent inflation, weak yen, and risks from prolonged ultra-loose policy. flag While some noted past rate increases had limited impact, others stressed the need to avoid falling behind inflation and stabilize financial markets. flag The yen strengthened slightly to 156.31 against the dollar.

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