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Bank of Japan Raises Rates

Hosted on MSN · 15h

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.

CNN on MSN · 16h

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.

Channel NewsAsia Singapore · 6m

Economists expect more interest rate hikes from Bank of Japan this year

Japan’s central bank has hiked interest rates as expected to a 17-year high as it continues on a path to normalise its monetary policy. On Friday (Jan 24), the Bank of Japan (BOJ) raised short-term rates by 25 basis points to 0.5 per cent, its highest level since the 2008 global financial crisis.

BOJ will raise its benchmark interest rate on Friday

The Edge Singapore · 15h

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.

Reuters on MSN · 19h

BOJ raises short-term interest rates to 0.5% in widely expected move

The Bank of Japan raised interest rates on Friday in a widely expected move, reflecting its growing optimism that wages will continue rising and keep inflation sustainably around its 2% target. The board decided to raise the BOJ's short-term policy rate to 0.

Cryptopolitan on MSN · 1d

BOJ will raise its benchmark interest rate on Friday by the most in 18 years

According to a Jan. 22nd report by Bloomberg, BOJ Governor Kazuo Ueda and the Bank of Japan (BOJ)’s board are gonna raise the overnight call rate by 25 basis points to 0.5%. If confirmed, this increase would be the largest since February 2007.

13h

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 ...

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 ...

15h

Bank of Japan raises interest rate, highest in 17 years

Recent data show Japanese workers are gaining better wages and are generally set to receive solid pay raises in their ...

15hon MSN

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 ...

17hon MSN

Stock market today: Asian shares gain after S&P 500 climbs to a record and Bank of Japan raises rate

Asian shares advanced Friday after U.S. stocks rose to a record and the Bank of Japan raised its key lending rate. U.S.

19hon MSN

Japan hikes rates to highest since 2008 as sustained inflation, rising wages signal 'virtuous cycle' in play

The move comes in line with expectations from CNBC's survey, where an overwhelming majority of economists predicted a hike.

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