BOJ will keep raising rates if prices move as forecast, central bank official says
The Bank of Japan will continue to raise interest rates if underlying inflation accelerates toward its 2% target as projected, a senior central bank official said on Wednesday. "Underlying inflation is heading toward 2% but still remains below that level now.
Bank of Japan raises rates to highest in 17 years
Japan's central bank has increased the cost of borrowing to its highest level in 17 years after consumer price rises accelerated in December. The move by the Bank of Japan (BOJ) to raise its short-term policy rate to "around 0.5 per cent" comes just hours after the latest economic data showed prices rose last month at the fastest pace in 16 months.
Bank of Japan raises interest rate, highest in 17 years
Recent data show Japanese workers are gaining better wages and are generally set to receive solid pay raises in their upcoming annual union negotiations
BOJ must raise rates to 1% by latter half of fiscal 2025, board member Tamura says
The Bank of Japan must raise short-term interest rates to at least 1% by the second half of fiscal 2025 to contain inflation risks, board member Naoki Tamura said on Thursday.
Hawkish BOJ Board Member Calls for Potentially Faster Rate Hikes
In a speech to business leaders, Naoki Tamura said that the central bank should raise rates to 1% or higher in the fiscal half starting in October.
BOJ should lift key rate to 1% in 2nd half of FY 2025: board member
The Bank of Japan should raise its policy interest rate, currently at 0.5 percent, to at least around 1 percent in the latter half of the next fiscal year ending March 2026 to tame inflation, a board member said Thursday.
Hawkish BOJ policymaker urges raising rates to at least 1%
The Bank of Japan must raise interest rates to at least 1% by the second half of the fiscal year beginning in April, hawkish board member Naoki Tamura said on Thursday, remarks that pushed up the yen as they reinforced bets of a near-term rate hike.
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 ...
Opinion
Japan’s Central Bank Drops the Drama and Wins on Rates
Kazuo Ueda appears to have made a new year’s resolution to avoid shocks — and the self-inflicted wounds that come with them. After blindsiding investors in July, the Bank of Japan governor needed ...
The New York Times13d
Japan Raises Interest Rates to Highest Level Since 2008
As other major central banks move to cut the high interest rates they had used to curb inflation, Japan is, as usual, bucking the trend. After encouraging a period of rising prices, the Bank ...
Bank of Japan could face capital losses if interest rate rises to 1%: Nomura
Nomura's Rob Subbaraman discusses expectations of Bank of Japan's rate hike path including two major risks if the central ...
Analysis-BOJ's fresh take on labour crunch opens door for more rate hikes
The Bank of Japan is increasingly blaming chronic labour shortages, not stagnant demand, as the main reason for its weak ...