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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 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.
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.
Kyodo News on MSN
21h
Tokyo stocks rise in morning but gains limited before BOJ outcome
Tokyo stocks rose Friday morning, supported by advances on Wall Street overnight, while a cautious mood prevailed ahead of a ...
19h
Japan's core CPI up 3.0% in Dec. after end of gov't energy subsidies
Japan's core consumer prices in December rose 3.0 percent from a year earlier, the fastest pace in more than a year, as ...
15h
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%, ...
7h
Stock market today: Wall Street slips from its record, but heads for a 2nd straight winning week
U.S. stocks are pulling back from their all-time high, but are still on track to close out a second straight winning week.
10h
Resona Is a Superregional Japanese Bank Focused on the Greater Tokyo and Osaka Areas
Despite a cost/income ratio that reflects pressure on its top line, we think Resona is one of the more cost-efficient Japanese banks, reflecting its business and geographic mix and its history of ...
14h
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.
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