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.
The Bank of Japan hiked interest rates on Friday to their highest level in 17 years and signalled more were in the pipeline ...
The Bank of Japan ((BoJ)) has raised its key short-term interest rate by 25 basis points to 0.5%, in line with market ...
The bank's promise to seek more rate hikes sent Japanese government bond yields higher. The policy-sensitive two-year JGB yield briefly reached 0.725%, the highest level since October 2008, while the ...