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Bank of Japan raises policy rate to 0.5%, highest since 2008
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 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 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 last year. The move by the Bank of Japan (BOJ) to raise its short-term policy rate to 0.5% comes just hours after the latest economic data showed prices rose last month at the fastest pace in 16 months.
Alert: The Bank of Japan raises its key interest rate to about 0.5%, citing stronger wages and inflation
The Bank of Japan raises its key interest rate to about 0.5%, citing stronger wages and inflation. Got a question? Put a reporter on it. Ever think of a question that you wish someone would answer? Let us know and we may be able to look into it for you.
Bank Of Japan Hikes Key Interest Rate To 0.5 Percent
The Bank of Japan said Friday it was hiking interest rates to their highest level in 17 years despite fears of economic turmoil under US President Donald Trump.
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.
58m
on MSN
Japan's leader says he's preparing for tough negotiations with Trump on maintaining US presence
Japanese Prime Minister Shigeru Ishiba, struggling to stabilize his minority government, said Friday he will seek to maintain ...
1h
Alleged killer of Japanese schoolboy goes on trial in China, say Japan's foreign ministry
The trial of the alleged killer of a boy enrolled in a Japanese school in Shenzhen, China began in the city on Friday, ...
2h
on MSN
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 confidence that rising wages will keep inflation stable around its 2% target ...
The Economist
21h
Has Japan truly escaped low inflation?
Editor’s note: This story was updated on January 24th.
21h
Star TV host retires as sex scandal rocks Japan industry
Japanese TV host Masahiro Nakai, one of the country's most recognisable faces on television, has announced that he is ...
23h
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 ...
23h
on MSN
Masahiro Nakai, a TV host and former pop star in Japan, retires after sexual assault report
Masahiro Nakai, one of Japan's top TV hosts and a former pop star, says he is retiring to take responsibility over sexual ...
Public Radio International
10h
Japan’s transit system is private. Should other countries consider the same?
Transit in most global cities is government-run. But in Japan, that’s not the case. There, private companies run a sprawling ...
1d
Japan cautious on economy as Trump's policies take centre stage
Japan's government on Thursday maintained a cautious outlook for the economy in part as policymakers kept a wary eye on U.S.
4h
on MSN
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. U.S. futures ...
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