Bank of Japan raises interest rate by 25 basis points

According to BlockBeats, on January 24th, the Bank of Japan raised its target interest rate from 0.25% to 0.50% as expected, the largest increase since 2007, and the interest rate rose to a new high since October 2008. Since the resumption of interest rate hikes in March last year, the Bank of Japan has raised interest rates three times in less than 12 months. (Golden Ten)