The Bank of Japan on Friday raised its policy rate to a 30-year high of around 0.75 percent from around 0.5 percent, signaling that more hikes may be in the offing amid growing confidence that it can attain both steady wage growth and its inflation target.The unanimous decision by the Policy Board marked the first interest rate increase since January by the central bank long known for its dovish stance, as uncertainty recedes over the economic impact of higher U.S. tariffs and the yen's weakness raises inflationary risks.After a two-day policy meeting, however, Governor Kazuo Ueda left mark…READ FULL ARTICLE
