Felix Tan

Get to know the finance world at the earliest — this just happened:

Bank of Japan just raised short-term interest rates to 0.75% from 0.5% — the first hike in 30 years and a unanimous decision signaling the end of decades of near-zero rates and massive easing.

Governor Kazuo Ueda will explain the move later today. This is a landmark shift for the world’s third-largest economy.

Caught it in 38 seconds on One Minute News this morning — clean, neutral, no hype.
@tham_yikfoong

4 views

Add a comment

Replies

Be the first to comment