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Bank of Japan Raises Rates

Reuters on MSN · 11h

Bank of Japan raises interest rates to highest in 17 years, yen jumps

The Bank of Japan raised interest rates on Friday to their highest since the 2008 global financial crisis and revised up its inflation forecasts, underscoring its confidence that rising wages will keep inflation stable around its 2% target.

The New York Times · 17h

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.

Hosted on MSN · 17h

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.

18hon MSN

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 ...

16h

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 ...

17hon MSN

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 ...

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