Bank of Japan hikes rates to highest in 17 years. The dollar is falling.
The Bank of Japan delivered a widely expected 25 basis point hike to its key lending rate on Friday, bringing the overnight call rate to the highest since 2008 and putting pressure on the dollar. The ...
NIKKEI 225 Index Rises 3.85% This Week to 39931.98 — Data Talk
The NIKKEI 225 Index is up 1480.52 points or 3.85% this week to 39931.98 --Largest one-week point and percentage gain since the week ending Dec. 27, 2024 --Today it is down 26.89 points or 0.07% ...
Japan hikes rates to highest since 2008 as sustained inflation, rising wages signal ‘virtuous cycle' in play
The move comes in line with expectations from CNBC’s survey, where an overwhelming majority of economists predicted a hike.
Bank of Japan hikes policy rates by 25 basis points to highest since 2008
The move comes in line with expectations from CNBC’s survey from Jan 15-20, which saw an overwhelming majority of economists predict a hike.