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.
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.
Bank of Japan raises rates to highest in 17 years
Japan's central bank has raised the cost of borrowing to its highest level in 17 years, as it tries to curb rising prices. The move by the Bank of Japan (BOJ) to raise its short-term policy rate to 0.5% comes just hours after the latest economic data showed prices rose last month at the fastest pace in 16 months.
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.
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.
Japan's household spending massively beats expectations, boosting case for further BOJ hikes
Average household monthly income in the same month was 1,179,259 yen, rising 7.2% in nominal terms and up 2.9% in real terms year on year. The Nikkei 225 slipped 0.44% after the r ...
International Monetary Fund53m
Japan: Staff Concluding Statement of the 2025 Article IV Mission
After three decades of near-zero inflation, there are signs that Japan’s economy can sustainably converge to a new equilibrium. Inflation has surpassed the Bank of Japan’s 2-percent target for over ...
The Associated Press - Business News on MSN13d
Bank of Japan raises interest rate to about 0.5%, citing higher wages and inflation
Copyright 2025 The Associated Press. All Rights Reserved. A Japanese flag flutters at the Bank of Japan headquarters in ...
Japan's December household spending beats expectations
Japanese household spending rose for the first time in five months in year-on-year terms in December and at a much ...
think2d
Japan: strong wage growth supports Bank of Japan rate hikes
Labour cash earnings rose more than expected in December and the November figures were all revised upwards. If Shunto results ...
Bank of Japan raises policy rate to 0.5% and signals further increases
In a well-trailed move, the Bank of Japan on Friday raised the policy rate by 0.25 percentage points, taking it to 0.5 per ...
Japan inflation-adjusted wages rise in December on jump in bonuses
Japan's December inflation-adjusted real wages rose 0.6% year-on-year thanks to a wintertime bonus bump, preliminary ...
Nikkei Asia9d
Japan government nominates female academic to join BOJ board
TOKYO (Reuters) -- Japan's government on Tuesday nominated Junko Koeda, an academic who had warned of the cost of prolonged monetary easing, to join the Bank of Japan board in March, a choice ...