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.
Bank of Japan raises interest rate to about 0.5%, citing higher wages and inflation
Japan's central bank has raised its key interest rate to about 0.5% from 0.25%, noting that inflation is holding at a desirable target level.
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.
'We Have No Preconceived Notions' Bank Of Japan Increases Interest Rate To 17 Years High To 0.50%
The Bank of Japan reaffirmed its inflation projections and raised interest rates to their highest levels since the global financial crisis of 2008 on Friday, demonstrating its belief that rising wages will maintain inflation at or above its 2 per cent target.
Japan Central Bank interest rate hiked; HIGHEST since 2008
The decision marks BOJ's first-rate hike since July last year. Interestingly, the rate hike came days after the inauguration of U.S. President Donald Trump. Ahead of potential repercussions from threatened higher tariffs,
BOJ raises interest rates to highest 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 stably around its 2% target.
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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 ...
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