Japan's Central Bank Raises Interest Rates by 25 Basis Points to 0.75%

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Japan's central bank raised interest rates by 25 basis points to 0.75%, in line with market expectations. The decision was passed unanimously. The bank expects the real interest rate to stay low but will continue to raise the policy rate as conditions improve. The monetary environment remains accommodative to support the economy. With this shift, altcoins to watch may find a new support level as traders adjust to the updated rate outlook. The central bank maintains its economic assessment, noting a mild recovery in Japan's economy, with core inflation expected to rise gradually.
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