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.
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 ...
Japan's core consumer prices rose 3.0% in December year-on-year to mark the fastest annual pace in 16 months, likely ...
The 25-basis-point move marks the first rate increase since July and takes rates to their highest level since the 2008 global ...
The Bank of Japan raised interest rates to a 17-year high of 0.5%, with Bitcoin and major altcoins surging by 3-6%.
The yen strengthened and Japanese government bond yields rose to fresh multi-year highs on Friday after the Bank of Japan ...
The Bank of Japan has decided to raise its benchmark interest rate to around 0.5 percent from 0.25 percent. The BOJ made the decision at a two-day policy-setting meeting that ended on Friday.
"There is still a considerable distance to the neutral interest rate" -- a level that is neither stimulative nor restrictive to the economy, BOJ Gov. Kazuo Ueda said in a press conference. He stopped ...
For a start, the yen perked up after the Bank of Japan finally delivered a quarter-point hike in its main policy interest ...
18hon MSN
The Bank of Japan (BoJ) has raised its key short-term interest rate by 25 basis points to 0.5%, marking the highest level ...
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 ...
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