BOJ Raises Short-Term Interest Rates to 0.5% in Widely Expected Move
The board decided to raise the BOJ's short-term policy rate to 0.5% from 0.25% by an 8-1 vote. Board member Toyoaki Nakamura dissented to the decision. BOJ Governor Kazuo Ueda is scheduled to hold a press conference at 3:30 p.m. (0630 GMT) to explain the policy decision.
A look at the day ahead in U.S. and global markets from Mike Dolan The dollar fell to its lowest of the year as the Bank of ...
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The Bank of Japan (BoJ) has raised its key short-term interest rate by 25 basis points to 0.5%, marking the highest level ...
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Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
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