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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.
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 rates to highest level in 17 years
The Bank of Japan has raised short-term interest rates by a quarter point, the highest in 17 years, signalling efforts to normalise monetary policy in response to persistent inflation and increasing wages.
2h
Japan’s 10-Year Bonds Could Yield More Than China for First Time in 20 Years
Bonds from Japan and China are moving in opposite directions, and it may soon create an opportunity not seen in two decades.
9h
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 ...
The Edge Singapore
11h
BOJ raises interest rate to highest level since 2008
Governor Kazuo Ueda and his fellow board members lifted the overnight call rate by a quarter-percentage point to 0.5% at the ...
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
on MSN
Stock market today: 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. U.S.
EconoTimes
13h
FxWirePro: USD/ JPY slips lower as yen rises after BOJ hike
USD/JPY slipped sharply lower on Friday as yen rose after the Bank of Japan (BOJ) hiked rates to their highest since the 2008. At its two-day meeting ending Friday, the BOJ increased its short-term ...
15h
on MSN
Japan hikes rates to highest since 2008 as sustained inflation, rising wages signal 'virtuous cycle' in play
The move comes in line with expectations from CNBC's survey, where an overwhelming majority of economists predicted a hike.
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