After taking the helm in April 2023, Ueda dismantled his predecessor's radical stimulus programme in March last year, and pushed up short-term interest rates to 0.25% in July. BOJ policymakers ...
he 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 ...
the BOJ raised its short-term policy rate from 0.25% to 0.5%. The widely expected move underscores the central bank's resolve to steadily push up interest rates to around 1%. It marks another step ...
It was the BOJ's first rate hike decision since last July and the third in the current tightening cycle that kicked in last March, when the central bank scrapped its negative interest rate policy.