The relatively smooth reaction contrasts with the market mayhem that followed a far less telegraphed BOJ rate increase at the end of July. Ueda’s move then was blamed by some for triggering the ...
At a news conference after the Policy Board meeting, BOJ Governor Kazuo Ueda indicated that further rate hikes were possible if economic trends moved in the direction forecasted by the central bank.
The Bank of Japan is likely to keep raising its benchmark rate to a level exceeding the current market consensus, and there’s ...
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 ...
The Bank of Japan must raise short-term interest rates to at least 1% by the second half of fiscal 2025 to contain inflation ...
TOKYO (Reuters) -The Bank of Japan must raise short-term interest rates to at least 1% by the second half of fiscal 2025 to ...
The remarks, which echo those made by BOJ Deputy Governor Ryozo Himino on Tuesday, pushed up the yen as markets continued to price in the chance of a rate hike at the bank's next policy meeting on ...
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As a result, markets have priced in a more than 80% chance of a hike in short-term rates from 0.25% to 0.5% next week, which would bring the BOJ's policy rate to levels unseen since 2008.
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 ...
However, the central bank likely won’t offer explicit guidance on the pace of future rate hikes or how far it could eventually raise them, the sources said. Under its current guidance, the BOJ pledges ...
Investors are preparing for more hikes to come and the prospect that Japanese rates may reach 1% or more by next year, or even sooner. The relatively smooth reaction contrasts with the market mayhem ...