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.
Bank of Japan 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%, in line with market consensus, and marking the highest level since 2008 and the third rate hike since the central bank ended negative interest rates in March 2024.
Bank of Japan raises policy rate to 0.5% and signals further increases
In a well-trailed move, the Bank of Japan on Friday raised the policy rate by 0.25 percentage points, taking it to 0.5 per cent — its highest level in nearly two decades.
Bank of Japan Hikes Policy Rate to Highest Level in 17 Years
Good morning. The Bank of Japan raises its interest rate to the highest level in 17 years. Inflation concerns may be making a comeback in the euro area. And the rise of women’s soccer in England is hiding a financial struggle.
Bank of Japan raises rates to highest in 17 years
Japan's central bank has increased the cost of borrowing to its highest level in 17 years after consumer price rises accelerated in December. The move by the Bank of Japan (BOJ) to raise its short-term policy rate to "around 0.5 per cent" comes just hours after the latest economic data showed prices rose last month at the fastest pace in 16 months.
Bank of Japan hikes interest rates to highest level in 17 years
The Bank of Japan has raised short-term interest rates by a quarter point, the highest in 17 years, signalling efforts to normalise monetary policy in response to persistent inflation and increasing wages.
Bank of Japan Minutes Reveal Debate on Neutral Interest Rate Policy
The Bank of Japan (BOJ) board discussed the role of the economys neutral interest rate in shaping monetary policy during their December meeting. According to the minutes released Wednesday, one member noted the
Japanese lender SMFG on track to beat its forecast for a record year after hefty Q3 profit
Japan's Sumitomo Mitsui Financial Group said third-quarter net profit surged 54% on a boost in interest income, putting it on ...
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 ...
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Japanese lender SMFG Q3 profit surges 54% on interest income boost
Japan's Sumitomo Mitsui Financial Group reported a 54 per cent increase in third-quarter net profit on Wednesday, buoyed by a ...
Japan government nominates female academic to join BOJ board
Japan's government on Tuesday nominated Junko Koeda, an academic who had warned of the cost of prolonged monetary easing, to ...