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 ...
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.
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 central bank’s government bond purchases nearly doubled from the previous year to 135.989 trillion yen in the year through March 2023, BOJ statistics showed on April 3. During the period ...
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 ...
At the two-day meeting concluding on Friday, the BOJ raised its short-term policy rate from 0.25% to 0.5% - a level Japan has not seen in 17 years. It was made in a 8-1 vote with board member ...
Bank of Japan Gov. Kazuo Ueda raised interest rates to the highest level since 2008, avoiding market turmoil by carefully signaling his plans to investors. But that strategy carries its own risks.
"The outcome was likely in line with the BOJ's projection," said Ryosuke Katagi, market economist at Mizuho Securities. "On the price front, there's nothing getting in the way of a BOJ rate hike ...
The BOJ’s policy decision comes as the yen hovers around the 155 per dollar mark, the weaker end of a 139.58 to 161.96 range it has held this year while under pressure from a strong dollar and a ...
NEW YORK (Reuters) - The dollar fell on Friday and was on track for its worst week in more than a year on expectations that tariffs enacted by U.S. President Donald Trump will be lower than ...