The Bank of Japan raised interest rates on Friday to their highest since the 2008 global financial crisis, underscoring its confidence that rising wages will keep inflation stable around its 2% target ...
The Bank of Japan raised interest rates on Friday in a widely expected move, reflecting its growing optimism that wages will continue rising and keep inflation sustainably around its 2% target.
USD/JPY slipped sharply lower on Friday as yen rose after the Bank of Japan (BOJ) hiked rates to their highest since the 2008. At its two-day meeting ending Friday, the BOJ increased its short-term ...