Yen Strengthens After Bank of Japan Raises Rates
The Bank of Japan hiked interest rates to 0.5%, the highest level since October 2008, and pledged to raise rates further if the economy and inflation continue in line with projections. The bank’s pledge to seek more rate hikes sent Japanese government bond yields higher and boosted the yen.
TOKYO--Japan's economy ... wage-price dynamics the Bank of Japan wants to see, but uncertainties about the global economy remain. That cast a shadow over Japan's industrial production in ...
Dow Jones Industrial Average ... Britain’s central bank will leave interest rates unchanged at 4.75%. The dollar rallied against the Japanese yen after the Bank of Japan left rates ...
U.S. stock indexes are drifting following a mixed set of earnings reports from Morgan Stanley, UnitedHealth Group and other big companies ...
More than 50 data points considered for each bank and credit union to be eligible ... that are many times higher than the national average rate of 0.42%. Many of the rates in this list top 4% ...
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It is the highest level since October 2008 as the economy makes steady progress toward the bank’s goal of stable 2% inflation and wage-backed growth.
U.S. stock futures fell on Friday following a 25 basis point rate hike by the Bank of Japan. Futures of all four indices declined.
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