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How the BOJ's rate hike became tangled in a 'currency alliance' with the US

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How the BOJ's rate hike became tangled in a 'currency alliance' with the US

Nikkei Asia · Sep 18, 2026, 5:03 PM UTC

TOKYO -- The Bank of Japan's decision Friday to raise interest rates three months after its last hike, a departure from its usual cautious approach, f