Japan Gains Confidence in Exiting Rock-Bottom Borrowing Costs
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Japan Raises Interest Rates to Highest Level Since 2008
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Bank of Japan raises interest rate to about 0.5%, citing higher wages and inflation
Bank of Japan raises interest rates to highest in 17 years, yen jumps
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Asian shares advanced Friday after U.S. stocks rose to a record and the Bank of Japan raised its key lending rate.
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About 85.7% of Japanese households expect prices to rise a year from now, a quarterly central bank survey in December showed on Friday, roughly unchanged from 85.6% in the previous poll in September.
Bank of Japan raises interest rate to about 0.5%, citing higher wages, inflation
Tokyo, Jan 24 (AP) 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.
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BOJ likely to raise rates to highest in 17 years, signal more hikes
The Bank of Japan is expected to raise interest rates on Friday to their highest levels since the 2008 global financial crisis, as a broad stocks rally worldwide calms policymakers' fears U.S. President Donald Trump's tariff threats could upend markets.
Japan's core inflation hits 16-month high, markets brace for BOJ hike
Japan's core consumer prices rose 3.0% in December year-on-year to mark the fastest annual pace in 16 months, likely cementing a central bank rate hike later in the day and retaining bets that borrowing costs will keep rising from ultra-low levels.
BOJ 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.
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Bank Of Japan Hikes Interest Rate To 17-Year High, Signals More
If its outlook is met, "the bank will accordingly continue to raise the policy interest rate and adjust the degree of monetary accommodation", it added.
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Stock market today: Wall Street hangs near its record as it heads for a 2nd straight winning week
U.S. stocks are hanging near their all-time high as they head for the close of a second straight winning week. The S&P 500 was virtually unchanged on Friday, a day