The BOJ fumbled its communication in December, surprising investors when it left rates steady, but then telegraphed Friday's increase so unambiguously that markets had 90% priced it in and took ...
With traders almost fully pricing in the chance of a rate hike, attention now shifts to any clues from BOJ Governor Kazuo Ueda in his post-meeting briefing on the pace and timing of further increases.
TOKYO --The Japanese yen rose against the U.S. dollar on Friday after the central bank lifted interest rates as expected at its two-day meeting and maintained a balanced tone on its future ...
Bank of Japan Gov. Kazuo Ueda raised interest rates to the highest level since 2008, avoiding market turmoil by carefully signaling his plans to investors. But that strategy carries its own risks.
The Bank of Japan raised interest rates on Friday to their highest levels since the 2008 financial crisis, continuing a difficult march away from free money as the economy shows signs of recovery ...
At its two-day meeting concluding on Friday, the BOJ raised its short-term policy rate from 0.25 percent to 0.5 percent - a level Japan has not seen in 17 years. It was made in an 8-1 vote with ...
While BOJ revised up its inflation forecasts, underscoring its confidence that rising wages will keep inflation stable around its 2% target, BOJ governor Kazuo Ueda said there was no "preset idea ...
The Bank of Japan (BoJ) is the central bank of Japan. Established under the Bank of Japan Act in 1882, it is a juridical entity and neither a government agency nor a private corporation.
"With no market turbulence after Trump's inauguration," conditions for the BoJ to hike its policy rate have been met, said Ko Nakayama, chief economist of Okasan Securities Research. "Raising just ...
"The outcome was likely in line with the BOJ's projection," said Ryosuke Katagi, market economist at Mizuho Securities. "On the price front, there's nothing getting in the way of a BOJ rate hike ...