Japan hikes rates to 1%, highest since 1995 (opens original article in a new tab)

Japan raises interest rates to 1%, the highest since 1995, as the Bank of Japan announces the first rate hike since December amid rising energy costs and currency pressures.

• Japan raises interest rates to 1%
• This is the highest rate since 1995
• The Bank of Japan announces the hike amid rising energy costs and currency pressures