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Bank of Japan Hikes 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
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 economy is gradually recovering,” BOJ Gov. Kazuo Ueda told reporters after a two-day policy board meeting in Tokyo.
Bank Of Japan Hikes Interest Rate To 17-Year High, Signals More
If its outlook is met, "the bank will accordingly continue to raise the policy interest rate and adjust the degree of monetary accommodation", it added.
Kyodo News on MSN
13h
Tokyo stocks open higher on Wall St. gains, focus on BOJ decision
Tokyo stocks opened higher Friday after an overnight rise on Wall Street, but gains were limited as investors were cautious ...
8d
on MSN
Japan bank executives take pay cuts after employee is accused of stealing from safe deposit boxes
Executives at a leading Japanese bank have apologized and taken pay cuts after police arrested an employee who allegedly ...
10h
Tokyo inflation seen picking up in Jan on energy costs
Consumer inflation in Tokyo likely accelerated in January, underlining persistent pressure on living costs, a Reuters poll showed on Friday.
The Edge Singapore
1d
Tokyo apartment prices drop from record in 2024 as market calms
The average price of a new apartment for sale in the Japanese capital and surrounding areas slipped 3.5% to JPY78 million ...
3h
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%, ...
14h
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, increasing at a faster pace for the second consecutive ...
7h
Bank of Japan raises interest rate, citing higher wages and inflation
The Bank of Japan has raised its key interest rate to about 0.5% from 0.25%, noting that inflation is holding at a desirable target level.
15h
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.
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