The move was widely expected, with economists unanimous in seeing back-to-back rate increases as unlikely from the central bank, which made one in January. Read more
Rising consumer prices are putting real wage growth at risk and possibly becoming a drag on much-needed household consumption. Read more
Ueda said the BOJ’s policy settings are still accommodative after recent rate hikes and that would remain the case as the central bank continues to support the inflation trend. Read more
The quarter-point increase, which took the main rate to 0.5%, was probably the most telegraphed this century. Read more
The central bank’s board voted Friday to increase its target for its short-term policy rate to around 0.5% from around 0.25%. Read more
For some economists, the latest move was too completely priced in, begging the question of how explicitly the BOJ intends to signal its plans in the future. Read more
The 25-basis-point move marks the first rate increase since July and takes rates to their highest since the 2008 global financial crisis. Read more
The move would mark the central bank’s first rate hike since July last year, when it increased rates to 0.25%. Read more
Instead of the Bank of Japan’s actions strengthening the yen as once hoped, recent steps have only caused further weakening. Read more
The possibility is “quite high” if markets remain calm following Trump’s inauguration on Monday as the 47th president of the United States. Read more
