BOJ executives probably want to raise short-term rates at least to 1.5% by the end of fiscal 2026, so they have scope to reduce borrowing costs when the economy faces another downturn, Sakurai said.
TOKYO – The Bank of Japan (BOJ) made a significant step towards shrinking its massive balance sheet in the week of Jan 20, while market watchers were fixated on the biggest interest rate ...
The Bank of Japan is expected to raise its benchmark interest rate this week by 25 basis points. A hike will put the BOJ's key rate at 0.5%, its highest level since 2008. Public comments by Governor ...
BOJ Governor Kazuo Ueda said the bank plans to consider an interest rate hike after assessing economic policies of the second Trump administration and wage trends in the “shunto” labor ...
The remarks, which echo those made by BOJ Deputy Governor Ryozo Himino on Tuesday, pushed up the yen as markets continued to price in the chance of a rate hike at the bank's next policy meeting on ...