U.S. industrial production and index of leading economic indicators

Widely Awaited Bank of Japan Interest Rate Hike Comes With Mixed Baggage and Sends Yen Lower

September 18, 2026

After deliberating over two days for nearly five hours, the Bank of Japan Board rendered a 25-basis point hike of their short-term interest rate to 1.25%. The decision comes just three months after the previous increase and raises the cumulative change since last December to 75 basis points. The rate hadn’t been as high as […] More

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