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Japan's central bank raised interest rates to 0.75%, its highest since 1995, citing inflation and a weak yen.
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.
Policymakers emphasized gradual, data-driven adjustments, citing persistent inflation, weak yen, and risks from prolonged ultra-loose policy.
While some noted past rate increases had limited impact, others stressed the need to avoid falling behind inflation and stabilize financial markets.
The yen strengthened slightly to 156.31 against the dollar.
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El banco central de Japón elevó las tasas de interés al 0.75%, su nivel más alto desde 1995, citando la inflación y un yen débil.