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Bank of Japan Raises Interest Rates
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.
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.
Moody's sees one more hike from Bank of Japan this year, expects terminal rate at 0.75% by end of this year
Moody's Analytics Stefan Angrick explains that imported inflation has been stickier-than-anticipated contributing to the Bank of Japan's moderate rate hike pace.
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 ...
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 ...
3d
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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