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Japan Raises Interest Rates to Highest Level Since 2008
The return of inflation and wage growth is giving the Bank of Japan room to raise interest rates and declare the end of a long period of stagnation.
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.
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.
1h
Exclusive: Japan's JERA plans to expand US LNG purchases to diversify energy supply
Japan's biggest top LNG buyer, JERA, plans to increase its purchases of liquefied natural gas from the United States to ...
6h
on 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.
4h
on MSN
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 ...
4h
Alleged killer of Japanese schoolboy goes on trial in China, say Japan's foreign ministry
The trial of the alleged killer of a boy enrolled in a Japanese school in Shenzhen, China began in the city on Friday, ...
1h
on MSN
Stock market today: World shares gain after S&P 500 climbs to a record and Bank of Japan raises rate
World shares advanced Friday after U.S. stocks rose to a record and the Bank of Japan raised its key lending rate. Oil prices ...
2h
Japan to provide cooking ovens to Ukrainian school kitchens
Japan has decided to deliver cooking ovens to Ukrainian schools so that children can enjoy healthy meals amid Russia's ...
The Economist
1d
Has Japan truly escaped low inflation?
Editor’s note: This story was updated on January 24th.
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 ...
Public Radio International
13h
Japan’s transit system is private. Should other countries consider the same?
Transit in most global cities is government-run. But in Japan, that’s not the case. There, private companies run a sprawling ...
1d
Star TV host retires as sex scandal rocks Japan industry
Japanese TV host Masahiro Nakai, one of the country's most recognisable faces on television, has announced that he is ...
12h
on MSN
KCON 2025 Announces Japan & Los Angeles Dates
Entertainment company CJ ENM announced its official dates for the K-pop festival's 2025 editions in Japan and the United ...
2h
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 ...
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