Interest Rate Hike Increases Japan's Debt Costs

Japan raises interest rate to 2%, boosting debt-servicing costs to 28.2 trillion yen. Discover the impact on fiscal policy and future economic outlook.

A dynamic graph illustrating Japan's rising debt costs and interest rates, with a sleek and modern d
Interest Rate Hike Increases Japan's Debt Costs

The assumed interest rate is set to increase to 2% from 1.9%, raising debt-servicing costs for interest payments and debt redemption to 28.2 trillion yen from 27 trillion yen.

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