Japan's core inflation hits 16-month high, markets brace for BOJ hike
Japan's core consumer prices rose 3.0% in December year-on-year to mark the fastest annual pace in 16 months, likely cementing a central bank rate hike later in the day and retaining bets that borrowing costs will keep rising from ultra-low levels.
Japan wholesale inflation steady near 4%, BOJ eyes rate hike next week
Japan's annual wholesale inflation held steady at 3.8 per cent in December on stubbornly high food costs, data showed on Thursday, highlighting persistent price pressures that may prod the central bank to raise interest rates next week.
The move comes in line with expectations from CNBC's survey, where an overwhelming majority of economists predicted a hike.
Japan's central bank has raised its key interest rate to about 0.5% from 0.25%, noting that inflation is holding at a ...
The Bank of Japan raised interest rates on Friday to their highest since the 2008 global financial crisis, underscoring its ...
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The Bank of Japan is likely to raise rates at its January 24 meeting following recent supportive comments from BoJ governor Kazuo Ueda and deputy Ryozo Himino.
TOKYO (AP) — Japan saw record-high exports last year, as its annual trade deficit declined 44% from the previous year, the ...
The yen strengthened and Japanese government bond yields rose to fresh multi-year highs on Friday after the Bank of Japan ...
The Bank of Japan kicked off a global market selloff last time it raised interest rates. The likely rate increase this week ...
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