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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.
Bank of Japan raises interest rates, shrugging off Trump risks
In the eyes of Japanese economic policymakers, there have been few surprises from the nearly week-old Trump administration. That, in part, gave them confidence to raise interest rates again Friday. Why it matters: The Bank of Japan had held off hiking rates late last year,
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.
11h
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 ...
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 ...
13h
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 ...
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