Bank of Japan raises policy rate to 0.5%, highest since 2008

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.
Bank Of Japan Hikes Interest Rate To 0.5%, Highest Since 2008
The Bank of Japan raised its short-term interest rate to the highest in seventeen years on Friday as expected, aiming for a
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.
Bank of Japan raises policy rate to 0.5%, highest in 17 years
The Bank of Japan on Friday raised its policy interest rate to 0.5 percent from 0.25 percent, its highest level in about 17 years, reported Kyodo News.The Bank of Japan said it will continue to raise the key short-term rate if the economy and prices move in line with its expectations.

S&P 500 closes at a record high

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 ...
Upset about your credit card interest rate? The CFPB wants to hear from you
The CFPB wants consumer feedback on their credit card rates, terms, and conditions.
How will CD interest rates be impacted by the January Fed meeting?
Could CD interest rates decline again this month? Here's what savers should consider before the January Fed meeting.
Trump tells Davos he’ll demand that interest rates drop. It’s a fresh jab at the Fed.
U.S. President Donald Trump delivered remarks Thursday in a video appearance at the World Economic Forum’s annual gathering ...
President Trump demanded that interest rates drop 'immediately.' A CD can lock in high rates while they last
Trump said that he would require interest rates to come down. Find out how opening a CD now can help you prepare for falling interest rates.
Economists ramp up projections for Brazil's interest rates to above 15%
Economists have launched a fresh wave of upward revisions to projections for Brazil's interest rate this year, citing ...
Big banks hiked interest rates on borrowers but not for savers, senators say
As interest rates rose, banks charged more for credit cards and loans, but held rates paid on savings accounts.
Interest rates warning for desperate homeowners
Experts have revised warnings for homeowners as shock new research shows just how much pain mortgage holders are currently ...
Trump paves the way for higher interest rates after just one day in office
Among the enemies targeted by US President Donald Trump in his inaugural speech was a foe familiar to anyone who has ever ...
Polish C.banker Tyrowicz Still Sees No Reason to Cut Interest Rates
"I don't see any grounds for cuts. ... We are not cutting rates because we are not at the target. We are not bringing ...