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.
Bank of Japan raises policy rate to 0.5% and signals further increases
In a well-trailed move, the Bank of Japan on Friday raised the policy rate by 0.25 percentage points, taking it to 0.5 per cent — its highest level in nearly two decades.
Economists expect more interest rate hikes from Bank of Japan this year
Japan’s central bank has hiked interest rates as expected to a 17-year high as it continues on a path to normalise its monetary policy. On Friday (Jan 24), the Bank of Japan (BOJ) raised short-term rates by 25 basis points to 0.5 per cent, its highest level since the 2008 global financial crisis.
Bank of Japan Resumes Hiking Rates as Economy Strengthens
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.
'We Have No Preconceived Notions' Bank Of Japan Increases Interest Rate To 17 Years High To 0.50%
The Bank of Japan reaffirmed its inflation projections and raised interest rates to their highest levels since the global financial crisis of 2008 on Friday, demonstrating its belief that rising wages will maintain inflation at or above its 2 per cent target.
Bank of Japan raises interest rates to highest in 17 years, yen jumps
TOKYO: The Bank of Japan raised interest rates on Friday (Jan 24) 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 per cent target.
Japan Central Bank interest rate hiked; HIGHEST since 2008
The decision marks BOJ's first-rate hike since July last year. Interestingly, the rate hike came days after the inauguration of U.S. President Donald Trump. Ahead of potential repercussions from threatened higher tariffs,
There is more confidence that Japan is getting to sustainable inflation: Goldman Sachs
Andrew Tilton, chief Asia-Pacific economist at Goldman Sachs, says the Bank of Japan is in an "opportune place" to take its ...
Japan's core inflation hits 16-month high, markets brace for BOJ hike
Japan's core consumer prices rose 3.0% in December year-on-year to mark the fastest annual pace in 16 months, likely ...
Japan Inflation Jumps To 3.0% In December
Japan's annual rate of consumer price inflation accelerated to 3.0 percent in December from 2.7 percent the month before, government data showed Friday.
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.
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 ...
Japan core inflation climbs to a 16-month high, boosting case for rate hikes
The Bank of Japan is expected to raise rates by 25 basis points later in the day as it concludes its monetary policy meeting.
Japan’s exports hit record high, but trade deficit continues
TOKYO (AP) — Japan saw record-high exports last year, as its annual trade deficit declined 44% from the previous year, the ...
Bank of Japan Must Weigh Trump Trade Threats as it Tightens Policy
The Bank of Japan kicked off a global market selloff last time it raised interest rates. The likely rate increase this week ...