Core inflation in Japan's capital hits 1-year high, keeps BOJ rate-hike bets alive
Core inflation in Japan's capital hit 2.5%, marking the fastest annual pace in nearly a year, well exceeding the central bank's 2% target and keeping alive market expectations for further interest rate hikes.
Bank of Japan raises interest rate to about 0.5%, citing higher wages, inflation
Tokyo, Jan 24 (AP) 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 decision by the central bank came at the end of a two-day policy board meeting in Tokyo.
Bank of Japan raises interest rate to 17-year high
TOKYO -- The Bank of Japan (BOJ) on Friday raised its policy interest rate to the highest level in 17 years, marking another step to unwind its long-standing ultra-loose monetary stimulus.
Bank Of Japan Hikes Interest Rate To 0.5%, Highest Since 2008
The Bank of Japan raised its short-term interest rate to the highest in seventeen years on Friday as expected, aiming for a
Bank of Japan raises rates to highest in 17 years
Japan's central bank has increased the cost of borrowing to its highest level in 17 years after consumer price rises accelerated in December. The move by the Bank of Japan (BOJ) to raise its short-term policy rate to "around 0.5 per cent" comes just hours after the latest economic data showed prices rose last month at the fastest pace in 16 months.
BOJ board signalled intent to keep hiking rates, December meeting minutes show
Bank of Japan board members discussed how to use estimates on the economy's neutral interest rate to determine further hikes in borrowing costs, with one saying the BOJ's policy rate was still far from that level,
Bank of Japan board reshuffle to bring it closer to 'normal' central banking
The fading shadow of reflationists in the Bank of Japan, and the latest addition to the board of an academic favouring an end ...
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 ...
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 ...
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 ...
Bank of Japan raises interest rate, highest in 17 years
Recent data show Japanese workers are gaining better wages and are generally set to receive solid pay raises in their ...