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Bank of Japan Raises Interest Rates

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.

Reuters on MSN · 1d

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.

CNN on MSN · 1d

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.

Free Malaysia Today2d

Japan hikes rates, solidifying exit from rock-bottom borrowing costs

The move follows an earlier report showing consumer prices, excluding fresh food, rising at a faster pace of 3%, well above ...

Japan Today9d

Japan bank execs take pay cuts after employee is accused of stealing from safe deposit boxes

Executives at a leading Japanese bank apologized and took pay cuts on Thursday after police arrested an employee who allegedly stole about 1.4 billion yen worth of valuables from customers’ safe ...

Yahoo Finance6d

Bank of Japan poised to raise rates to highest in 17 years

TOKYO (Reuters) - The Bank of Japan is expected to raise interest rates on Friday barring any market shocks when U.S. President-elect Donald Trump takes office, a move that would lift short-term ...

Nikkei Asia9d

Japan's ultra-easy monetary policy hurt fiscal discipline, economists say

TOKYO -- The Bank of Japan's long-term quantitative and qualitative easing measures since 2013 had the side effect of loosening fiscal discipline, 64% of respondents said in a new Nikkei poll of ...

1don 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.

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