Bank of Japan’s rate hike hits highest since 2008, Metaplanet shares drop 22%

Quick Take As reported by Trading Economics, the Bank of Japan (BoJ) has raised its interest rate to 0.25%, up from 0.1% in March. This is the highest rate since 2008. From 2016 until early 2024, the BoJ maintained negative interest rates at -0.1%. According to Trading Economics, the BoJ has indicated a plan to […] source: https://cryptoslate.com/insights/bank-of-japans-rate-hike-hits-highest-since-2008-metaplanet-shares-drop-22/