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The Bank of Japan raised its key interest rate Friday as expected, lifting its benchmark from 1% to 1.25%—its highest level since 1995. Despite the move, the yen suffered its worst daily drop in nine months. The dollar jumped 1.2% against the currency to a two-week high of 157.84 yen. That's its largest daily gain sinc
(Updates throughout) BOJ hike lifts rates to 1.25%, highest level in 31 years Dollar up 1% to 157.54 yen after two BOJ board members dissent Brent crude falls as much as 2.8% after Reuters report By Amanda Cooper LONDON, Sept 18 (Reuters) — Global shares and bonds dipped on Friday while Japan's well-telegraphed hike fe
Whether Conditions Would Still Be Accommodative After A Rate Hike To 1.5% Will Be Judged Based On Economic And Financial Variables At That Time
Japan Banking Lobby Head Kato: BoJ Rate Still Accommodative, Expect More Hikes
BOJ summary: one member said financial conditions still accommodative as short-term real interest rates stay negative
Japan Bank Lobby Chairman says BoJ policy rate remains accommodative