Brazil's central bank will raise its benchmark interest rate by 100 basis points on Jan. 29, with more to increases follow, taking the cost of borrowing to the highest in nearly two decades by mid-year,

Japan’s biggest banks are nearing a key valuation level for the first time in almost a decade as investors bet that the Bank of Japan will raise interest rates on Friday and accelerate its normalisation of monetary policy.

Malaysia's central bank kept its benchmark interest rate unchanged for the 10th consecutive policy meeting on Wednesday, citing strong economic growth and steady inflation, while warning of potential currency volatility.

The dollar was little changed on Wednesday after earlier dipping to a new two-week low, as investors continued to await concrete announcements about U.S. President Donald Trump's tariff plans.

Written by Nikolaus Hoffman for Bitcoin Magazine ->

The Bank of Japan has raised short-term interest rates by a quarter point, the highest in 17 years, signalling efforts to normalise monetary policy in response to persistent inflation and increasing wages.

Japan's central bank has increased the cost of borrowing to its highest level in 17 years, after consumer price rises accelerated last year. 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.

Several lawmakers and central bank officials have been questioned. The investigation centres on whether the funds were used as intended for corporate social responsibility programmes.

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.

Turkey’s central bank has lowered its key interest rate by 2.5 percentage points to 45%. The decision on Thursday marked the second rate cut in a row and came as inflation slowed.

Russia's central bank hiked rates to 21% late last year in a bid to cool soaring inflation.