Japan's wholesale inflation hits 4%, keeps BOJ rate-hike bets alive
Japan's annual wholesale inflation hit 4.0% in February, data showed on Wednesday, underscoring pressure from rising raw material costs that will keep alive market expectations of a near-term interest rate hike by the central bank.
Bank of Japan’s next rate hike is likely in June, former executive says
TOKYO] The Bank of Japan (BOJ) will probably wait until the middle of the year before raising interest rates again as it looks to maintain a pace of one hike every six months despite recent market speculation of an earlier move,
Bank of Japan signals resolve to keep hiking rates
Governor Kazuo Ueda on Wednesday took in stride recent rises in bond yields, saying they were a natural reflection of market expectations of future interest rate hikes by the central bank. The remarks underscore the BoJ’s resolve to keep raising short-term interest rates,
Japan lenders have seen profitability rise due to higher rates, BOJ says
Major Japanese financial institutions have seen their profitability strengthen due to rising interest rates, the central bank said on Tuesday. But some lenders faced challenges in estimating the impact of interest rate hikes on their profitability,
JGB Yields Rise Further Amid BOJ Rate-Hike Prospects
JGB yields rose further in the Tokyo afternoon session amid prospects for more Bank of Japan rate increases following Japanese wage data released earlier.
Japan government to work with BOJ on rising living costs, economy minister says
Japan's Economy Minister Ryosei Akazawa said on Tuesday the government will work closely with the Bank of Japan (BOJ) in ...
Nikkei stock index dips on firmer yen amid BOJ rate hike speculation
The Nikkei stock index erased earlier gains and ended slightly lower Thursday, led by selling of exporters and other issues ...
Japan's economy grew at a 2.2% annual rate in Oct-Dec, as consumers held back on spending
TOKYO (AP) — Japan’s has cut its estimate for its economic growth in the last quarter of the year to a 2.2% annual pace from ...
Major Japan firms agree to big wage hikes, impact on BOJ policy in focus
Many of Japan's biggest companies from tech conglomerates to Toyota have met union demands for substantial wage hikes for a ...
Many Japan firms agree to unions' wage hikes demands amid inflation
Many major Japanese companies, including Toyota Motor Corp., on Wednesday fully met the wage hike demands of their labor ...
Japan struggles to adapt to an era of rising prices
The return of inflation was meant to restore a more ‘normal’ economy. But it has been a bumpy ride for both consumers and ...
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Bank of America CEO willing to hire in Japan amid revival
Bank of America CEO Brian Moynihan said he’s willing to add employees in Japan as the local economy picks up after decades of ...