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Bank of Japan Hikes Rates
Bank of Japan raises rates to highest in 17 years
The move comes hours after the latest economic data showed prices rose last month at the fastest pace in 16 months.
Economists expect more interest rate hikes from Bank of Japan this year
Japan’s central bank has hiked interest rates as expected to a 17-year high as it continues on a path to normalise its monetary policy. On Friday (Jan 24), the Bank of Japan (BOJ) raised short-term rates by 25 basis points to 0.5 per cent, its highest level since the 2008 global financial crisis.
Bank of Japan raises interest rate to about 0.5%, citing higher wages, inflation
Tokyo, Jan 24 (AP) 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 decision by the central bank came at the end of a two-day policy board meeting in Tokyo.
1d
Japan’s biggest lenders hit valuation landmark as central bank weighs rate increase
Japan’s biggest banks are nearing a key valuation level for the first time in almost a decade as investors bet that the Bank ...
1d
on MSN
Bank of Japan Must Weigh Trump Trade Threats as It Tightens Policy
Setting rates in Japan will become a delicate balancing act if tariffs materialize.
15h
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 ...
Channel NewsAsia Singapore
12h
Japan's core inflation hits 16-month high, markets brace for BOJ hike
TOKYO: Japan's core consumer prices rose 3.0 per cent in December year-on-year to mark the fastest annual pace in 16 months, ...
17h
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 ...
19h
on MSN
Stock market today: Asian shares gain after S&P 500 climbs to a record and Bank of Japan raises rate
Asian shares advanced Friday after U.S. stocks rose to a record and the Bank of Japan raised its key lending rate. U.S.
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