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.
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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 decision by the central bank came at the end of a two-day policy board meeting in Tokyo.
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,
BOJ raises interest rates to highest 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 stably around its 2% target.
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