Japan Set For 30-Year Rate High: Leadership Turmoil Raises Uncertainty

Jun 12, 2026 - 06:00
Japan Set For 30-Year Rate High: Leadership Turmoil Raises Uncertainty
The Bank of Japan is almost certain to raise its benchmark interest rate to 1% at its June 15-16 policy meeting, a level the country has not seen since 1995. But with Governor Kazuo Ueda hospitalized and unable to chair the meeting, the real question is what comes next. A Reuters survey of 70 economists...

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