BANK of Jamaica (BOJ) Governor Richard Byles has hinted that the central bank is contemplating legal recourse to get commercial banks to move interest rates in line with similar movements by BOJ.

The board decided to raise the BOJ's short-term policy rate to 0.5% from 0.25% by an 8-1 vote. Board member Toyoaki Nakamura dissented to the decision. BOJ Governor Kazuo Ueda is scheduled to hold ...

The Bank of Japan (BoJ) is the central bank of Japan. Established under the Bank of Japan Act in 1882, it is a juridical entity and neither a government agency nor a private corporation.

The exchange-traded funds (ETFs) owned by the BOJ are collectively worth 4.3 trillion yen more than the figure for the Government Pension Investment Fund (GPIF), which was the largest shareholder ...

Ueda repeated the BOJ's readiness to keep increasing borrowing costs if the economy behaves in line with its forecast, and signaled that domestic conditions for another rate hike was falling into ...

The BOJ fumbled its communication in December, surprising investors when it left rates steady, but then telegraphed Friday's increase so unambiguously that markets had 90% priced it in and took ...