BOJ lifts rates to a 31-year high, but two dissents send the yen lower

Japan raised its policy rate to 1.25% in a 7–2 vote; the yen weakened as investors read the dissent and guidance as less hawkish than expected.

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Japan raised its policy rate to 1.25% in a 7–2 vote; the yen weakened as investors read the dissent and guidance as less hawkish than expected.

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