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Bank of Japan Raises Rates

Japan: Bank of Japan raises policy interest rate

After a two-day monetary policy meeting, the Bank of Japan (BOJ) decided on Friday to raise its policy interest rate to 0.5 percent from 0.25 percent, marking the highest level in nearly 17 years. Camera: FRANCK ROBICHON.

CNN on MSN · 5h

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.

The Associated Press - Busines… · 6h

Bank of Japan raises interest rate to about 0.5%, citing higher wages and inflation

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.

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Another 0.25 percentage-point hike to Japanese rates has come and gone without markets batting an eye. That is surely the point of the central bank’s drive to normalise monetary policy. With wages and ...

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Bank of Japan Raises Rates

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