Japan Gains Confidence in Exiting Rock-Bottom Borrowing Costs
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world
Japan Raises Interest Rates to Highest Level Since 2008
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
Japan's central bank raised interest rates to their highest since the 2008 global financial crisis and revised up its inflation forecasts.
Nearly 86% of Japan households see prices rising a year from now, survey shows
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.
Kyodo News on MSN9d
Nikkei index snaps 5-day losing streak on optimism over US economy
The Nikkei stock index snapped a five-day losing streak Thursday on optimism over the U.S. economy as hopes grew for further interest
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.
Stock market today: Asian shares gain after S&P 500 climbs to a record and Bank of Japan raises rate
Asian shares have advanced after U.S. stocks rose to a record and the Bank of Japan raised its key lending rate.
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.
Week Ahead for FX, Bonds: Fed, ECB Decisions in Focus
After a week of focus on U.S. politics following President Trump’s inauguration, focus switches back to monetary policy, with an interest-rate decision due by the Fed as well as the ECB.
Stock market today: Wall Street edges back from its record
NEW YORK — U.S. stocks pulled back from their all-time high on Friday as they closed out a second straight winning week . The S&P 500 slipped 0.3% a day after setting a record. The Dow Jones Industrial Average dipped 140 points, or 0.3%, and the Nasdaq composite sank 0.5%.
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.
Bank of Japan raises interest rates to highest level in 17 years
Stronger wages have contributed to the decision by Japan's central bank to raise rates to about 0.5%. The BOJ reiterated that it may in the future raise interest rates again, if required. View on euro
Stock market today: Wall Street slips from its record, but heads for a 2nd straight winning week
U.S. stocks are pulling back from their all-time high, but are still on track to close out a second straight winning week. The S&P 500 fell 0.4% on Friday, a