Japan Raises Interest Rates to Highest Level Since 2008
The return of inflation and wage growth is giving the Bank of Japan room to raise interest rates and declare the end of a long period of stagnation.
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.
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. President Donald Trump's tariff threats could upend markets.
Asian shares gain after S&P 500 climbs to a record and Bank of Japan raises rate
Asian shares advanced Friday after U.S. stocks rose to a record and the Bank of Japan raised its key lending rate.
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.
BOJ 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.
BOJ expected to raise policy rate to 0.5% on robust wage outlook
The Bank of Japan is expected to raise its policy rate to 0.5 percent from the current 0.25 percent in a two-day meeting which started on Thursday, encouraged by the outlook for another round of sharp pay hikes in this year's annual wage negotiations.
Japan Gains Confidence in Exiting Rock-Bottom Borrowing Costs
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Nearly 86% of Japan households see prices rising a year from now, survey shows
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