Bank of Japan Governor Kazuo Ueda will size up the need to raise interest rates on Friday amid heightened expectations of a hike — and barring a market shock triggered by Donald Trump’s first few days in the White House.
The Bank of Japan is expected to hike interest rates twice in 2025 and twice more in 2026, International Monetary Fund chief economist Pierre-Olivier Gourinchas said on Friday. In its latest World Economic Outlook,
Executives at a leading Japanese bank have apologized and taken pay cuts after police arrested an employee who allegedly stole about $9 million worth of valuables from customers’ safe deposit boxes.
The Bank of Japan holds its first policy meeting of the year next week and the outcome will be announced days after the inauguration of U.S. President-elect Donald Trump.
In its economic forecast released Thursday, the World Bank predicted Japan's gross domestic product will grow a real 1.2% in 2025 and 0.9% in 2026.
Japan's headline inflation is at 2.9% year-over-year, at a 3-month high. A hot inflation print could set bitcoin back.
TOKYO -- The Bank of Japan's long-term quantitative and qualitative easing measures since 2013 had the side effect of loosening fiscal discipline, 64% of respondents said in a new Nikkei poll of economists.
More than 95% of people in Japan feel prices have increased over the past year, a survey by the Bank of Japan has shown. The share of respondents who felt higher prices compared with a year before rose to 95.1% in the latest December survey released Friday, from 94.7% in September.
Japan’s 40-year government bond yield reached an all-time high, amid a global debt selloff and speculation that the Bank of Japan may hike interest rates in the future.Most Read from BloombergThese Homes Withstood the LA Fires.
Hiroyuki Suzuki is deputy director general of the corporate planning department of the Japan Bank for International Cooperation.
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.
Donald Trump will be sworn in by Supreme Court Chief Justice John Roberts as the 47th U.S. president at a ceremony at the Capitol Building. The 78-year-old Trump then delivers his inaugural address. On day one, Trump has pledged to sign a host of executive orders on a raft of matters ranging from border security to oil and gas production.