The move comes hours after the latest economic data showed prices rose last month at the fastest pace in 16 months.
This was the highest hike in borrowing rates in Japan since the 2008 financial crisis. Bank of Japan headquarters in Tokyo on 29 July 2022 (AP) The central bank had last raised the rates in July ...
Japan's central bank has raised its key interest rate to about 0.5% from 0.25%, noting that inflation is holding at a desirable target level TOKYO -- The Bank of Japan raised its key interest rate ...
The Bank of Japan raised interest rates on Friday to their highest since the 2008 global financial crisis and revised up its ...