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Bank of Japan raises interest rates
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 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.
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.
2d
BOJ may revert to fuzzy communication after Fed-style clarity on rates
Giving explicit advance signals, in addition to making the Bank of Japan feel boxed in, could breach Japanese law stipulating ...
Opinion
ジャパンタイムズ
20h
Opinion
The Bank of Japan’s communication challenges
Despite limited developments that would justify a policy shift since December, Japan's central bank nevertheless went ahead ...
4d
Japan Gains Confidence in Exiting Rock-Bottom Borrowing Costs
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers ...
23h
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 ...
4d
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 ...
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