AT+

Bank of Japan rate hike greeted with a market shrug

BOJ raises benchmark rate to a 31-year high of 1%, but investors remain unconvinced that it’s serious about normalization

by William Pesek June 16, 2026June 18, 2026

The yen barely moved on Bank of Japan's rate hike. Image: Facebook Screengrab

TOKYO – Only in Japan can a central bank on its fifth rate hike in two years still be accused of pulling its punches. Yet here is the Group of Seven’s most predictable monetary institution as 2026 unfolds. That context explains Tuesday’s market reaction. The BOJ’s 25 basis-point move to 1% sent the Nikkei 225 […]