The Bank of Japan ((BoJ)) has raised its key short-term interest rate by 25 basis points to 0.5%, in line with market ...
The move comes hours after the latest economic data showed prices rose last month at the fastest pace in 16 months.
The 25-basis-point move marks the first rate increase since July and takes rates to their highest since the 2008 global financial crisis.
Asian shares advanced Friday after U.S. stocks rose to a record and the Bank of Japan raised its key lending rate. U.S.
In a significant move, the Bank of Japan has hiked its interest rates to levels not seen since the global financial crisis of 2008 and in line with economists' expectations. This is the first such ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Bank of Japan is on course to raise interest rates on Friday, according to economists, as long as ...
TOKYO: The Bank of Japan raised interest rates on Friday (Jan 24) to their highest since the 2008 global financial crisis, underscoring its confidence that rising wages will keep inflation stably ...
The Bank of Japan raised its key interest rate to about 0.5 per cent from 0.25 per cent Friday, noting that inflation is holding at a desirable target level. The decision by the central bank came at ...