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Bank of Japan raises interest rates
Bank of Japan raises interest rates to highest in 17 years, yen jumps
The Bank of Japan raised interest rates on Friday to their highest since the 2008 global financial crisis and revised up its inflation forecasts, underscoring its confidence that rising wages will keep inflation stable around its 2% target.
Japan raises interest rates to highest level in 17 years
The Bank of Japan raised interest rates on Friday to their highest since the 2008 global financial crisis, underscoring its confidence that rising wages will keep inflation stable around its 2% target.
Yen Strengthens After Bank of Japan Raises Rates
The Bank of Japan hiked interest rates to 0.5%, the highest level since October 2008, and pledged to raise rates further if the economy and inflation continue in line with projections. The bank’s pledge to seek more rate hikes sent Japanese government bond yields higher and boosted the yen.
Bank of Japan raises interest rate to about 0.5%, citing higher wages and inflation
The Bank of Japan raised its key interest rate to about 0.5% from 0.25% Friday, noting that inflation is holding at a desirable target level. “The economy is gradually recovering,” BOJ Gov. Kazuo Ueda told reporters after a two-day policy board meeting in Tokyo.
Bank of Japan hikes interest rates to highest level in 17 years
The Bank of Japan has raised short-term interest rates by a quarter point, the highest in 17 years, signalling efforts to normalise monetary policy in response to persistent inflation and increasing wages.
Bank of Japan raises interest rate, highest in 17 years
Recent data show Japanese workers are gaining better wages and are generally set to receive solid pay raises in their upcoming annual union negotiations
Charting the Global Economy: Bank of Japan Raises Interest Rates
The Bank of Japan raised its key policy rate to the highest level since 2008 and took a more bullish view on the strength of inflation.
US stocks retreat while yen gains on Bank of Japan rate hike
Wall Street stocks retreated Friday as the market's latest rally lost steam, while the yen pushed higher after the Bank of Japan lifted interest rates.
Bank of Japan raises rates, shrugging off Trump risks
The Bank of Japan had held off hiking rates late last year, preferring instead to wait out any economic surprises from the White House
2d
BOJ may revert to fuzzy communication after Fed-style clarity on rates
Giving explicit advance signals, in addition to making the Bank of Japan feel boxed in, could breach Japanese law stipulating ...
Opinion
ジャパンタイムズ
21h
Opinion
The Bank of Japan’s communication challenges
Despite limited developments that would justify a policy shift since December, Japan's central bank nevertheless went ahead ...
朝日新聞社
3d
Japan hiked interest rates. Why is the yen falling?
News reports, including from Reuters, foreshadowed the
Bank
of Japan
’s landmark exit from negative
interest
rates
in the lead-up to the decision. So did economic conditions, with sharply ...
1d
Japan government nominates female academic to join BOJ board
Japan's government on Tuesday nominated Junko Koeda, an academic who had warned of the cost of prolonged monetary easing, to ...
4d
Japan Gains Confidence in Exiting Rock-Bottom Borrowing Costs
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers ...
4d
Bank of Japan raises rates to highest in 17 years
Japan's central bank has increased the cost of borrowing to its highest level in 17 years after consumer price rises ...
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