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.
Bank of Japan raises interest rate to about 0.5%, citing higher wages and inflation
Japan's central bank has raised its key interest rate to about 0.5% from 0.25%, noting that inflation is holding at a desirable target level
Bank of Japan raises rates to highest in 17 years
The move comes hours after the latest economic data showed prices rose last month at the fastest pace in 16 months.
How likely is a Bank of Japan rate hike next week?
The Bank of Japan holds its first policy meeting of the year next week and the outcome will be announced days after the inauguration of U.S. President-elect Donald Trump.
Inflation in Japan jumps to 3%, supporting the BOJ's rate-hike case
The key inflation gauge hit 3% for the first time in 16 months, underscoring Japan's sustained price momentum just hours before the central bank is expected to hike rates for a third time under Gov. Kazuo Ueda.
Alert: The Bank of Japan raises its key interest rate to about 0.5%, citing stronger wages and inflation
The Bank of Japan raises its key interest rate to about 0.5%, citing stronger wages and inflation. Got a question? Put a reporter on it. Ever think of a question that you wish someone would answer? Let us know and we may be able to look into it for you.
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.
URGENT: Bank of Japan raises policy rate to 0.5% from 0.25%
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. The BOJ said it will continue to raise the key short-term rate if the economy and prices move in line with its expectations.
Stock market today: Asian shares gain after S&P 500 climbs to a record and Bank of Japan raises rate
Asian shares have advanced after U.S. stocks rose to a record and the Bank of Japan raised its key lending rate.
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BOJ will raise its benchmark interest rate on Friday by the most in 18 years
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