BOJ Raises Short-Term Interest Rates to 0.5% in Widely Expected Move
The board decided to raise the BOJ's short-term policy rate to 0.5% from 0.25% by an 8-1 vote. Board member Toyoaki Nakamura dissented to the decision. BOJ Governor Kazuo Ueda is scheduled to hold a press conference at 3:30 p.m. (0630 GMT) to explain the policy decision.
BOJ rate hikes add $50 to Japan's average monthly mortgage payment
TOKYO -- The Bank of Japan's two most recent interest rate hikes add roughly 8,000 yen ($51) to the average monthly mortgage payment in the country, Nikkei calculations show, in some cases canceling out the tax benefits of homeownership.
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U.S. stock futures were moving lower in early action on Friday, on the heels of the first record for the S&P 500 of 2024. Dow ...
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The Bank of Japan (BoJ) has raised its key short-term interest rate by 25 basis points to 0.5%, marking the highest level ...
For a start, the yen perked up after the Bank of Japan finally delivered a quarter-point hike in its main policy interest ...
The yen experienced volatility following a rate hike by the Bank of Japan, while the Australian and New Zealand dollars ...
JGBs consolidated ahead of the Bank of Japan decision due later today.
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 ...
The remarks, which echo those made by BOJ Deputy Governor Ryozo Himino on Tuesday, pushed up the yen as markets continued to ...
A statue of the Hindu god Ganesha is displayed at the Repatriated exhibition of Indonesian artefacts returned from the Netherlands, at Jakarta's National Museum.
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