The Bank of Japan hiked rates by 25 basis points Friday to 0.5%, bringing its policy rate to the highest level since 2008, as it seeks to normalize its monetary policy amid signs of sustained ...
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 ...
Prominent economist Mohamed El-Erian highlighted Bloomberg Opinion columnist John Authers‘ analysis showing how inflation could derail President-elect Donald Trump‘s economic agenda before it begins, ...
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Japan hikes rates to highest since 2008 as sustained inflation, rising wages signal 'virtuous cycle' in play
The policy rate now stands at 0.5%, its highest since October 2008. The decision was an 8-1 split, with board member Toyoaki Nakamura dissenting. Following the decision, the Japanese yen strengthened ...
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