Claims extracted
21
sentences that state something as happening or true
Uncertain
0%
0 of 21 hedged
("reportedly", "may", "according to")
Leaning
not political
takes no side on a contested political question
Publisher signals
68/100
BBC News's corrections and
hedging, across everything collected from it. Not a measure of accuracy.
Outlets on this story
7
Economy/Business
Same framing elsewhere
1
articles that frame the event the way this one does
- Published
Japan's central bank has raised its main interest rate to a fresh 31-year high as it continues to move away from decades of ultra-low borrowing costs and as the country faces increasing economic pressures.
asserted
country → publish → pressures
On Friday, the Bank of Japan (BOJ) increased the rate to 1.25% from 1% - a level not seen since 1995.
asserted
Bank → increase → 1995
It comes as major central banks around the world are hiking rates as higher energy prices caused by the Iran war are helping to push up inflation.
asserted
prices → come → inflation
On Wednesday, the US Federal Reserve raised its benchmark interest rate for the first time in over three years, while the European Central Bank also increased its borrowing costs earlier this month.
asserted
Bank → raise → costs
The BOJ has been raising the rate since 2024, when it stood at minus 0.1%.
asserted
it → raise → %
It has now hiked rates six times in the last two and a half years.
asserted
It → hike → years
Since then the bank has been steadily putting up the rate as it tries to reach a level similar to other major economies.
asserted
it → put → economies
When a central bank raises rates, the country's currency usually becomes stronger as it makes the it more attractive to traders.
asserted
it → raise → traders
Japan is facing several economic challenges including a persistently weak yen, rising prices and a shrinking workforce.
asserted
Japan → face → yen
Official figures published on Friday ahead of the BOJ announcement showed that inflation eased slightly last month.
asserted
inflation → publish → announcement
Core inflation fell to 1.7% in August from 1.8% the previous month but remains close to the bank's 2% target level.
asserted
inflation → fall → level
While Japan's inflation rate is not high by international standards, rising prices are a relatively new development in the economy.
asserted
prices → rise → economy
Until recently the country had experienced very low inflation or deflation - falling prices - for around three decades.
asserted
country → experience → decades
Global oil and gas prices have risen this year as the Iran war caused major disruptions to shipments through the key Strait of Hormuz shipping route.
asserted
war → rise → route
In August, Tokyo and Washington confirmed that they had jointly intervened to halt a slide in the yen after it fell to a fresh 40-year low.
asserted
it → confirm → low
The coordinated intervention was the first since 2011, when both countries took action together to weaken the yen after the devastating earthquake and tsunami that hit eastern Japan.
asserted
that → take → Japan
Both Japan's Ministry of Finance and US Treasury Secretary Scott Bessent said at the time that they would not hesitate to conduct more joint interventions in the future.
asserted
they → say → future
Bessent has also been ramping up pressure on the BOJ to raise interest rates to help support the yen, calling on its Governor Kazuo Ueda to "do the right thing".
asserted
Bessent → ramp → thing
This breaking news story is being updated and more details will be published shortly.
asserted
details → break → ?
You can receive Breaking News on a smartphone or tablet via the BBC News App.
asserted
You → receive → App
You can also follow @BBCBreaking on X, external to get the latest alerts.
asserted
You → follow → alerts
The Aporia
