BOJ Raises Short-Term Interest Rates to 0.5% in Widely Expected Move
The board decided to raise the BOJ's short-term policy rate to 0.5% from 0.25% by an 8-1 vote. Board member Toyoaki Nakamura dissented to the decision. BOJ Governor Kazuo Ueda is scheduled to hold a press conference at 3:30 p.m. (0630 GMT) to explain the policy decision.
The Bank of Japan, after clearly signalling last week's interest rate hike, may return to its accustomed fuzzy guidance about ...
The BOJ fumbled its communication in December, surprising investors, but then telegraphed Friday's increase so unambiguously ...
the BOJ raised its short-term policy rate from 0.25% to 0.5%. The widely expected move underscores the central bank's resolve to steadily push up interest rates to around 1%. It marks another ...
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The Bank of Japan (BoJ) has raised its key short-term interest rate by 25 basis points to 0.5%, marking the highest level ...
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