Bank of Japan raises policy interest rate

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 confidence that rising wages will keep inflation stable around its 2% target.
Japan Raises Interest Rates to Highest Level Since 2008
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.
Bank of Japan raises interest rates to highest level in 17 years
The Bank of Japan has raised short-term interest rates to “around 0.5 per cent”, the highest level in 17 years, as the central bank said that economic activity and wage and price inflation were at targets to justify its push to “normalise” monetary policy.
Bank of Japan raises interest rate to about 0.5%, citing higher wages and inflation
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 economy is gradually recovering,” BOJ Gov. Kazuo Ueda told reporters after a two-day policy board meeting in Tokyo.
Bank of Japan raises policy rate to 0.5%, highest since 2008 amid sustained inflation and rising wages
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 the central bank ended negative interest rates in March 2024.
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