Japan Raises Interest Rates to Highest Level Since 2008
The return of inflation and wage growth is giving the Bank of Japan room to raise interest rates and declare the end of a long period of stagnation.
Bank of Japan raises interest rate to about 0.5%, citing higher wages and inflation
The Bank of Japan raised its key interest rate from 0.25% to 0.5% due to inflation reaching the desired 2% target. Consumer prices and wages show cont
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.
Bank of Japan raises interest rates to highest in 17 years, yen jumps
Japan's central bank raised interest rates to their highest since the 2008 global financial crisis and revised up its inflation forecasts.
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
Bank of Japan hikes rates to highest in 17 years. The dollar is falling.
The Bank of Japan delivered a widely expected 25 basis point hike to its key lending rate on Friday, bringing the overnight call rate to the highest since 2008 and putting pressure on the dollar. The ICE Dollar Index slipped 0.
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.
BOJ may revert to fuzzy communication after Fed-style clarity on rates
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Japan's finance minister warns against speculative yen selling
Japan Finance Minister Katsunobu Kato issued a fresh warning against speculative yen selling on Tuesday, as the Japanese currency approached the key 160 per dollar level that prompted yen-buying ...