Japan Raises Rates to 31-Year High to Ward Off War Inflation

The Bank of Japan joined other major global central banks in raising interest rates to head off an expected spike in inflation fueled by higher energy costs from the war in the Middle East. www.nytimes.com/2026/06/16/b...

Japan Raises Rates to 31-Year High to Ward Off War Inflation www.nytimes.com/2026/06/16/b...

Japan Raises Rates to 31-Year High to Ward Off War Inflation www.nytimes.com/2026/06/16/b... Japan’s economy is a lot more stable than ours and has been for 31 years. We might reasonably conclude that hundreds of billions dollars in bombing Iraq backfired greatly. www.nytimes.com/2026/06/16/b...