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.
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 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's Central Bank Expected to Deliver Its Biggest Rate Hike in 18 Years
Welcome to our TOPLive coverage of the Bank of Japan’s monetary policy decision. We’ll start shortly, with the central bank typically announcing its decision around midday in Tokyo. We’ll also follow the briefing by Governor Kazuo Ueda from 3:30 p.
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.
Bank of Japan raises policy rate to 0.5%, highest in 17 years
The Bank of Japan on Friday raised its policy interest rate to 0.5 percent from 0.25 percent, its highest level in about 17 years, reported Kyodo News.The Bank of Japan said it will continue to raise the key short-term rate if the economy and prices move in line with its expectations.
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