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 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. President Donald Trump's tariff threats could upend markets.
Japan December Inflation Backs Case for Central Bank Rate Increase
Japan’s consumer price growth picked up in December, adding to evidence of steady inflation just hours before the central bank announces its rate decision.
Bank of Japan raises interest rate to about 0.5%, citing higher wages, inflation
Tokyo, Jan 24 (AP) 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.
Factbox-How likely is a Bank of Japan rate hike this week?
The Bank of Japan concludes its first policy meeting of the year on Friday with the outcome to be announced days after the inauguration of U.S. President Donald Trump. Here is a guide on what to expect and why the BOJ's rate review matters: WHEN DOES THE BOJ MEETING TAKE PLACE?
Japan's top FX diplomat warns against speculative bets on yen
Japan is closely watching currency market positions, including those built on speculative bets, because volatility in exchange rates is undesirable, its top currency diplomat Atsushi Mimura said on Tuesday.
Here’s how the Secured Overnight Financing Rate works and why it might matter for your mortgage
SOFR is a benchmark rate which certain variable rate financial products, for example certain mortgages, can be tied to.
Japan Central Bank Rate Hike Odds Could Turn on Trump Address
The Bank of Japan looks set to raise interest rates this week unless Trump’s inauguration address as U.S. president on Monday rattles financial markets, say people familiar with the central bank’s thinking.
Japanese Investors Boost Foreign Stock Purchases on Fed Rate-Cut Hopes
(Reuters) - Japanese investors raised their holdings in foreign stocks, driven by a benign U.S. core inflation report that fuelled expectations of Federal Reserve cuts and boosted global equities, while a strong yen also lifted domestic buying power.
Stock Market Today: Asian Shares Gain After S&P 500 Climbs to a Record and Bank of Japan Raises Rate
Asian shares have advanced after U.S. stocks rose to a record and the Bank of Japan raised its key lending rate
Dollar treads water as Trump tariff clarity, central banks awaited
The dollar traded in narrow ranges against major peers on Thursday, as the currency continued to struggle for direction in the absence of concrete announcements on tariffs from U.S. President Donald Trump.