Bank of Japan raises policy rate to 0.5%, highest since 2008

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.
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.
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.
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.
Yen Strengthens After Bank of Japan Raises Rates
The Bank of Japan hiked interest rates to 0.5%, the highest level since October 2008, and pledged to raise rates further if the economy and inflation continue in line with projections. The bank’s pledge to seek more rate hikes sent Japanese government bond yields higher and boosted the yen.
Bank Of Japan Hikes Interest Rate To 0.5%, Highest Since 2008
The Bank of Japan raised its short-term interest rate to the highest in seventeen years on Friday as expected, aiming for a
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.
Bank of Japan raises policy rate to 0.5%, highest since 2008 amid sustained inflation and rising wages
The Bank of Japan ((BoJ)) has raised its key short-term interest rate by 25 basis points to 0.5%, in line with market consensus, and marking the highest level since 2008 and the third rate hike since the central bank ended negative interest rates in March 2024.
Bank of Japan raises policy rate to 0.5%, highest in 17 years
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, reported Kyodo News.The Bank of Japan said it will continue to raise the key short-term rate if the economy and prices move in line with its expectations.

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