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Bank Of Japan Raises Interest Rates To Pre-2008 Levels
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.
What's next for Japan as the BOJ continues raising rates?
Backdrop: Japan had been mired in decades of weak prices and economic stagnation, and even as inflation impacted the globe in the aftermath of the COVID pandemic, BOJ policymakers largely viewed local price pressures as imported from elsewhere.
BOJ raises interest rate to highest level since 2008
Governor Kazuo Ueda and his fellow board members lifted the overnight call rate by a quarter-percentage point to 0.5% at the end of a two-day meeting.
17h
Investors react to interest rate hike from BOJ
Foreign investors added $273.5 billion to their emerging market equity and debt portfolios last year, nearly $100 billion ...
15h
on MSN
BOJ raises policy rate to 0.5%, highest since 2008 amid sustained inflation and rising wages
The Bank of Japan (BoJ) has raised its key short-term interest rate by 25 basis points to 0.5%, marking the highest level ...
2d
BOJ decides on additional rate hike, more likely to soon follow
The Bank of Japan Policy Board decided to hike a key interest rate at its meeting on Jan. 24, the first such increase since July.
14h
Japanese yen rallies, bond yields climb after BOJ hikes rates
The yen strengthened and Japanese government bond yields rose to fresh multi-year highs on Friday after the Bank of Japan ...
1d
Japan’s biggest lenders hit valuation landmark as central bank weighs rate increase
Japan’s biggest banks are nearing a key valuation level for the first time in almost a decade as investors bet that the Bank ...
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