BANK of Jamaica (BOJ) Governor Richard Byles has hinted that the central bank is contemplating legal recourse to get commercial banks to move interest rates in line with similar movements by BOJ.
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 ...
BANK of Jamaica (BOJ) says it has received a recommendation from at least one deposit-taking institution (DTI) that, if enacted, will result in automated banking machines (ABMs) being deployed to ...
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 ...
Bank of Japan Governor Kazuo Ueda sent a fresh reminder to bankers that he’s going to raise the benchmark rate if the economy continues to improve this year. “Our stance is that we will raise ...
BOJ Governor Ueda Kazuo said last week he was detecting positive signals on wages from business leaders and the bank's regional offices. He hopes to decide on whether to go ahead with raising ...