Asia

WATCH: Bank of Japan hikes rates

Business Day TV speaks to chief economist at RMB Isaah Mhlanga

An office employee walks in front of the Bank of Japan building in Tokyo, Japan. File photo: REUTERS
An office employee walks in front of the Bank of Japan building in Tokyo, Japan. File photo: REUTERS

The Bank of Japan has lifted its benchmark interest rate to 0.25%. The hike is the largest since 2007. Business Day TV discussed what this move means for Japan’s economy with Isaah Mhlanga, chief economist at RMB.

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