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Bank of Japan raises policy interest rate

Hosted on MSN · 5h

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.

The New York Times · 5h

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 hikes interest rates to highest level in 17 years

The Bank of Japan has raised short-term interest rates by a quarter point, the highest in 17 years, signalling efforts to normalise monetary policy in response to persistent inflation and increasing wages.

4h

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 ...

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 ...

7hon MSN

Stock market today: Asian shares gain after S&P 500 climbs to a record and Bank of Japan raises rate

Asian shares advanced Friday after U.S. stocks rose to a record and the Bank of Japan raised its key lending rate. U.S.

9hon 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.

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