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Bank of Japan Raises 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.
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.
Bank of Japan raises interest rate to about 0.5%, citing higher wages and inflation
Japan's central bank has raised its key interest rate to about 0.5% from 0.25%, noting that inflation is holding at a desirable target level.
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 Hikes Interest Rate To 0.5%, Highest Since 2008
The Bank of Japan raised its short-term interest rate to the highest in seventeen years on Friday as expected, aiming for a
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
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 accelerated in December. The move by the Bank of Japan (BOJ) to raise its short-term policy rate to "around 0.5 per cent" comes just hours after the latest economic data showed prices rose last month at the fastest pace in 16 months.
Bank of Japan raises policy rate to 0.5% and signals further increases
The Bank of Japan on Friday raised the benchmark rate by 0.25 percentage points to 0.5 per cent. Consumer price inflation data for December was also released. Wit
Factbox-How likely is a Bank of Japan rate hike this week?
The Bank of Japan concludes its first policy meeting of the year on Friday with the outcome to be announced days after the inauguration of U.S. President Donald Trump. Here is a guide on what to expect and why the BOJ's rate review matters: WHEN DOES THE BOJ MEETING TAKE PLACE?
Channel NewsAsia Singapore
7h
Analysis: BOJ may revert to fuzzy communication after Fed-style clarity on rates
The Bank of Japan, after clearly signalling last week's interest rate hike, may return to its accustomed fuzzy guidance about ...
3d
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 ...
17h
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 ...
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