Japan's central bank has increased the cost of borrowing to its highest level in 17 years after consumer price rises ...
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. Source: FactSet, Bank of Japan By The New York ...
At its two-day meeting concluding on Friday, the BOJ raised its short-term policy rate from 0.25% to 0.5%, a level Japan has not seen in 17 years. It was made in a 8 to 1 vote with board member ...
Fukuoka Bank and Nishi-Nippon City Bank announced an increase in their ordinary deposit interest rates from 0.1% to 0.2%, ...
(Bloomberg) — The Bank of Japan is widely expected to raise its benchmark rate Friday by the most in 18 years, in a show of boosted confidence over the sustainability of inflation as it ...
Japan's central bank has increased ... longer any countries left with negative interest rates. When negative rates are in force people have to pay to deposit money in a bank.