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Bank of Japan Raises Rates
Bank of Japan raises interest rate to about 0.5%, citing higher wages and inflation
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 economy is gradually recovering,” BOJ Gov. Kazuo Ueda told reporters after a two-day policy board meeting in Tokyo.
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 Hikes Interest Rate To 17-Year High, Signals More
If its outlook is met, "the bank will accordingly continue to raise the policy interest rate and adjust the degree of monetary accommodation", it added.
1h
on MSN
Asia Sees Trump in a Surprising Way—as a Steady Pair of Hands
It is the highest level since October 2008 as the economy makes steady progress toward the bank’s goal of stable 2% inflation and wage-backed growth.
Kyodo News on MSN
12h
Tokyo stocks open higher on Wall St. gains, focus on BOJ decision
Tokyo stocks opened higher Friday after an overnight rise on Wall Street, but gains were limited as investors were cautious ...
1h
on MSN
Stock market today: Asian shares gain after S&P 500 climbs to a record and Bank of Japan raises rate
Tokyo's Nikkei 225 index gained 0.3% to 40,074.87 after the central bank raised its benchmark rate to about 0.5% from 0.25%, ...
8h
Tokyo inflation seen picking up in Jan on energy costs
Consumer inflation in Tokyo likely accelerated in January, underlining persistent pressure on living costs, a Reuters poll showed on Friday.
6h
Bank of Japan raises interest rate, citing higher wages and inflation
The Bank of Japan has raised its key interest rate to about 0.5% from 0.25%, noting that inflation is holding at a desirable target level.
8d
on MSN
Japan bank executives take pay cuts after employee is accused of stealing from safe deposit boxes
Executives at a leading Japanese bank have apologized and taken pay cuts after police arrested an employee who allegedly ...
9h
Instant View: Investors React to Interest Rate Hike From BOJ
"The BOJ put the price outlook above 2% for both fiscal 2025 and 2026, revised up from the previous forecasts of 1.9% for both years. This indicates that the BOJ would continue raising interest rates ...
The Edge Singapore
1d
Tokyo apartment prices drop from record in 2024 as market calms
The average price of a new apartment for sale in the Japanese capital and surrounding areas slipped 3.5% to JPY78 million ...
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