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Bank of Japan raises interest rates
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.
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.
Bank of Japan raises interest rates to highest in 17 years, yen jumps
Japan's central bank raised interest rates to their highest since the 2008 global financial crisis and revised up its inflation forecasts.
Bank of Japan raises rates to highest in 17 years
Japan's central bank has increased the cost of borrowing to its highest level in 17 years after consumer price rises accelerated in December. The move by the Bank of Japan (BOJ) to raise its short-term policy rate to "around 0.5 per cent" comes just hours after the latest economic data showed prices rose last month at the fastest pace in 16 months.
Charting the Global Economy: Bank of Japan Raises Interest Rates
The Bank of Japan raised its key policy rate to the highest level since 2008 and took a more bullish view on the strength of inflation.
US stocks retreat while yen gains on Bank of Japan rate hike
Wall Street stocks retreated Friday as the market's latest rally lost steam, while the yen pushed higher after the Bank of Japan lifted interest rates.
Bank of Japan raises rates, shrugging off Trump risks
The Bank of Japan had held off hiking rates late last year, preferring instead to wait out any economic surprises from the White House
2d
on MSN
What To Expect From The Federal Reserve's Interest Rate Decision Next Week
The Federal Reserve is widely expected to hold its key interest rate steady on Wednesday as officials wait for more data that ...
2d
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 ...
3d
on MSN
Big banks hiked interest rates on borrowers but not for savers, senators say
As interest rates rose, banks charged more for credit cards and loans, but held rates paid on savings accounts.
10d
on MSN
Mortgage rates top 7%, soar to highest level since May in latest blow to homebuyers
The average rate on a 30-year fixed mortgage reached 7.04% for the week ending January 16 — the highest level since May.
2d
on MSN
Trump says he'll demand lower rates immediately, claims he knows rates better than Fed
President Trump said if oil prices come down he'll demand lower interest rates immediately, adds he knows rates 'much better' ...
6d
Inflation And Insolvency Causing Interest Rates To Rise
Inflation is causing rates to rise, and rising interest rates are the predominant problem facing markets in early 2025. Read ...
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