BOJ Raises Key Rate by 25 Basis Points to 1.25% Amid Market Calm
The Bank of Japan (BOJ) has raised its benchmark interest rate by 25 basis points to 1.25%, marking the highest level in 31 years.
This move was widely anticipated, and markets reacted calmly after two BOJ policymakers opposed the decision, hinting that the central bank may take a slower approach to future hikes.
Despite the rate hike, Bitcoin remained above $77,000, showing no immediate pressure from Japan's tighter monetary policy.