Yen Strengthens After Bank of Japan Raises Rates
The Bank of Japan hiked interest rates to 0.5%, the highest level since October 2008, and pledged to raise rates further if the economy and inflation continue in line with projections. The bank’s pledge to seek more rate hikes sent Japanese government bond yields higher and boosted the yen.
The yen was the only Group-of-10 currency rising against the dollar on Monday as investors sought it as a haven on concern ...
Traders look to Trump’s speech for a fresh impetus ahead of the BoJ decision on Friday.
Setting rates in Japan will become a delicate balancing act if tariffs materialize.
The move comes in line with expectations from CNBC’s survey, where an overwhelming majority of economists predicted a hike.
A weaker yen is a boon for Japanese exporters’ profits but can squeeze households by increasing import costs. News reports, including from Reuters, foreshadowed the Bank of Japan’s landmark ...
Japanese collectors spent billions on European paintings during the bubble economy of the 1980s. Officials today hope to ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback