Bank of Japan raises policy interest rate

Bank of Japan raises interest rates to highest level in 17 years
Stronger wages have contributed to the decision by Japan's central bank to raise rates to about 0.5%. The BOJ reiterated that it may in the future raise interest rates again, if required. View on euro
Bank of Japan raises interest rate to 17-year high
TOKYO -- The Bank of Japan (BOJ) on Friday raised its policy interest rate to the highest level in 17 years, marking another step to unwind its long-standing ultra-loose monetary stimulus.
Bank of Japan raises policy rate to 0.5% and signals further increases
In a well-trailed move, the Bank of Japan on Friday raised the policy rate by 0.25 percentage points, taking it to 0.5 per cent — its highest level in nearly two decades.
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Analysts at BBH said: “Two-day Bank of Japan meeting ends Friday with an expected 25 bp hike to 0.5%. Markets have firmed up the odds of a hike over the past week to around 85% after BOJ officials expressed more confidence on wage growth gathering momentum.”
Japan's Inflation Stays High, Setting Stage for BOJ Rate Hike
Japans inflation remained elevated in December, reinforcing expectations for a Bank of Japan (BOJ) interest rate hike. National core consumer price index (CPI), excluding fresh food, rose 3% year-on-year,
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 decision by the central bank came at the end of a two-day policy board meeting in Tokyo.
Bank of Japan expected to raise rates, Yen calm
The Japanese yen is slightly lower on Thursday. In the European session, USD/JPY is trading at 156.25, down 0.16% on the day.
Alert: The Bank of Japan raises its key interest rate to about 0.5%, citing stronger wages and inflation
The Bank of Japan raises its key interest rate to about 0.5%, citing stronger wages and inflation. Got a question? Put a reporter on it. Ever think of a question that you wish someone would answer? Let us know and we may be able to look into it for you.
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.
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