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BOJ raises policy rate to 0.5%, highest since 2008
BOJ raises interest rates to highest 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.
BOJ Raises Short-Term Interest Rates to 0.5% in Widely Expected Move
The board decided to raise the BOJ's short-term policy rate to 0.5% from 0.25% by an 8-1 vote. Board member Toyoaki Nakamura dissented to the decision. BOJ Governor Kazuo Ueda is scheduled to hold a press conference at 3:30 p.m. (0630 GMT) to explain the policy decision.
BOJ rate hikes add $50 to Japan's average monthly mortgage payment
TOKYO -- The Bank of Japan's two most recent interest rate hikes add roughly 8,000 yen ($51) to the average monthly mortgage payment in the country, Nikkei calculations show, in some cases canceling out the tax benefits of homeownership.
16h
Yen gains on BOJ hike, dollar slides as Trump softens tone on China
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
10h
Stock Market Today: S&P 500 set to ease from record high, Dow and Nasdaq to slip; Dollar falls on BoJ hike; TI, Boeing shares fall.
U.S. stock futures were moving lower in early action on Friday, on the heels of the first record for the S&P 500 of 2024. Dow ...
18h
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 ...
1h
on MSN
MORNING BID AMERICAS-Dollar swoons as BOJ hikes, euro zone grows, yuan relieved
For a start, the yen perked up after the Bank of Japan finally delivered a quarter-point hike in its main policy interest ...
Channel NewsAsia Singapore
12h
Japan's core inflation hits 16-month high, markets brace for BOJ hike
TOKYO: Japan's core consumer prices rose 3.0 per cent in December year-on-year to mark the fastest annual pace in 16 months, ...
23h
on MSN
JGBs Consolidate Ahead of BOJ Decision
JGBs consolidated ahead of the Bank of Japan decision due later today.
2d
Morning Bid: 'Giddy' Wall Street hits new highs, BOJ looms into view
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
9h
on MSN
Jakarta hosts exhibition of looted cultural masterpieces returned by Netherlands
A statue of the Hindu god Ganesha is displayed at the Repatriated exhibition of Indonesian artefacts returned from the Netherlands, at Jakarta's National Museum.
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Bank of Japan
interest rates
Donald Trump
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