Bank of Japan (BoJ) Governor Kazuo Ueda addressed the post-policy meeting press conference on Friday, explaining the reasons behind the 25 basis points (bps) interest rate hike to 0.50% in January.
The Japanese Yen catches aggressive bids in reaction to the BoJ's hawkish rate hike. BoJ's Ueda reiterated that the central bank will keep adjusting the degree of easing. The US Dollar hangs near ...
With traders almost fully pricing in the chance of a rate hike, attention now shifts to any clues from BOJ Governor Kazuo Ueda in his post-meeting briefing on the pace and timing of further increases.
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 ...
Mia was thrilled when her mother landed a job as a librarian in a small hill station. When she saw the library, her joy knew no bounds. It was an imposing building that stood facing the road. The ...
At its two-day meeting concluding on Friday, the BOJ raised its short-term policy rate from 0.25 percent to 0.5 percent - a level Japan has not seen in 17 years. It was made in an 8-1 vote with ...
TOKYO: Bank of Japan (BoJ) governor Kazuo Ueda has raised interest rates to the highest level since 2008, avoiding market turmoil by carefully signalling his plans to investors. But that strategy ...
In its latest projections for the core consumer price index, excluding volatile fresh food, the BOJ estimated the index will grow 2.4 percent in fiscal 2025, compared with the previous forecast of ...
TOKYO --The Japanese yen rose against the U.S. dollar on Friday after the central bank lifted interest rates as expected at its two-day meeting and maintained a balanced tone on its future ...
The BOJ just hiked its key policy rate to its highest level in 17 years, continuing its hawkish stance after exiting an era of unconventional policy. It's important to note that rates in Japan are ...
USD/JPY: Will Inflation and Services PMI Trigger a Hawkish BoJ Rate Hike? On Friday, January 24, Japan’s national inflation and Services PMI put the USD/JPY pair and the Bank of Japan under the ...