Japan Raises Interest Rates for First Time in 31 Years Amidst Global Inflation Concerns
Economy

Japan Raises Interest Rates for First Time in 31 Years Amidst Global Inflation Concerns

The Bank of Japan raised its key interest rate to 1% on June 16, 2026, the first hike in 31 years. Amidst global energy price surges and inflation worries, this move to curb the yen's depreciation and stabilize prices may indirectly impact Cambodia's economy.

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