USD/JPY forecast as BoJ rate hike signals divergence with the Fed
The USD/JPY exchange rate drifted downwards after the relatively strong Japanese inflation data and the Bank of Japan (BoJ) interest rate decision. The pair retreated to 155.90, down from this year’s ...
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%, ...
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 ...
Japan Raises Interest Rates to Highest Level Since 2008
After a long period of stagnation, the return of inflation and wage growth is giving the Bank of Japan room to raise interest rates.
BOJ likely to raise rates to highest in 17 years, signal more hikes
The Bank of Japan is expected to raise interest rates on Friday to their highest levels since the 2008 global financial crisis, as a broad stocks rally worldwide calms policymakers' fears U.S.