[85336] History in Japan: The Central Bank raises interest rates to 1% for the first time in three decades

[85336] History in Japan: The Central Bank raises interest rates to 1% for the first time in three decades

The Central Bank of Japan raises interest rates to 1%

In a significant economic move, the Bank of Japan (BOJ) announced today (June 16, 2026) an interest rate hike to a level of 1%. According to reports from Borsa Haber Hisse, this is the first such hike since 1995. The news channels Son Dakika Haberler Türkiye and Sansürsüz Gündem also confirmed the figure, noting that the interest rate has now reached a "30-year high."

Sputnik Türkiye, a channel known for its detailed coverage of global economic trends, added that the decision was made against a backdrop of positive macroeconomic factors. Among other things, "the level of corporate profits, and the improvement in employment and income conditions" were cited as factors supporting the monetary move.

In addition, it was reported that Japan has recorded strategic progress in securing alternative energy sources. According to Sputnik Türkiye, the country has reduced its dangerous dependence on raw materials coming from the Middle East region, a step considered critical for the stability of the Japanese economy in light of "high crude oil prices."

The move marks a turning point in Japanese economic policy, which sought for many years to fight stagnation through zero or negative interest rates, and is now changing direction in response to economic recovery and changes in global supply chains.