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Bank of Japan raises policy rate to 0.5%, highest since 2008

The New York Times · 54m

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.

Hosted on MSN · 1h

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.

Reuters on MSN · 1h

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.

4hon MSN

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.

7d

Nearly 86% of Japan households see prices rising a year from now, survey shows

About 85.7% of Japanese households expect prices to rise a year from now, a quarterly central bank survey in December showed ...

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