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BOJ Raises Rates to 0.5%, Highest Since 2008
The Bank of Japan raised interest rates by 25 basis points to 0.5% on Friday, its highest since 2008, due to sustained inflation and rising wages, resulting in a stronger yen and a slightly higher Nikkei index; the decision was an 8-1 vote.
BOJ Raises Rates to 0.5%, Highest Since 2008
The Bank of Japan raised interest rates by 25 basis points to 0.5% on Friday, its highest since 2008, due to sustained inflation and rising wages, resulting in a stronger yen and a slightly higher Nikkei index; the decision was an 8-1 vote.
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