FOREX TradingCharts.com

Financial News: Bank Of Japan Keeps Policy Rate Unchanged

Bank Of Japan Keeps Policy Rate Unchanged

12/18/2024 - 23:17:00 (RTTNews)

(RTTNews) - The Bank of Japan left its key interest rates unchanged on Thursday as policymakers were concerned about risks related to economic activity and prices.

At the policy board meeting, members voted 8-1 to maintain the uncollateralized overnight call rate to remain at around 0.25 percent. This was the highest since late 2008.

The BoJ had ended its negative interest rate policy in March and last lifted the interest rate in July to 0.25 percent. So far the BoJ has tightened the policy twice this year.

The board said it is necessary to pay due attention to developments in financial and foreign exchange markets and their impact on Japan's economic activity and prices.

"In particular, with firms' behavior shifting more toward raising wages and prices recently, exchange rate developments are, compared to the past, more likely to affect price," the bank said.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2024 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


South Korea Q4 GDP Climbs 0.1% On Quarter (03 hr(s), 13 min(s), 15 sec(s) ago)
(RTTNews) - South Korea's gross domestic product improved a seasonally adjusted 0.1 percent on ...Full Story»

Japan Has Y130.936 Billion Trade Surplus (03 hr(s), 52 min(s), 15 sec(s) ago)
(RTTNews) - Japan posted a seasonally adjusted merchandise trade surplus of 130.936 billion yen in ...Full Story»

South Korea GDP Rises 0.1% In Q4 (04 hr(s), 25 min(s), 15 sec(s) ago)
(RTTNews) - South Korea's gross domestic product expanded a seasonally adjusted 0.1 percent on ...Full Story»

South Korea GDP Data Due On Thursday (05 hr(s), 34 min(s), 15 sec(s) ago)
(RTTNews) - South Korea will on Thursday release preliminary Q4 numbers for gross domestic product ...Full Story»

Ireland Property Price Inflation Slows For Third Month (13 hr(s), 18 min(s), 15 sec(s) ago)
(RTTNews) - Residential property price inflation in Ireland eased for the third month in a row in ...Full Story»

Poland Industrial Output Recovers; PPI Falls At Slower Pace (14 hr(s), 39 min(s), 15 sec(s) ago)
(RTTNews) - Poland's industrial production recovered in December on a rebound in mining and qu ...Full Story»

Iceland Jobless Rate Surges To 3.9% In December (14 hr(s), 50 min(s), 15 sec(s) ago)
(RTTNews) - Unemployment rate in Iceland climbed sharply to a three-month high in December after e ...Full Story»

UK Budget Deficit Surges On Interest Payments (15 hr(s), 13 min(s), 15 sec(s) ago)
(RTTNews) - The UK budget deficit more than doubled in December largely due to interest payments, ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

South Korea Q4 GDP Climbs 0.1% On Quarter

01/22/2025 - 19:51 PM (RTTNews)
(RTTNews) - South Korea's gross domestic product improved a seasonally adjusted 0.1 percent on ...Full Story>>

Japan Has Y130.936 Billion Trade Surplus

01/22/2025 - 19:12 PM (RTTNews)
(RTTNews) - Japan posted a seasonally adjusted merchandise trade surplus of 130.936 billion yen in ...Full Story>>

South Korea GDP Rises 0.1% In Q4

01/22/2025 - 18:39 PM (RTTNews)
(RTTNews) - South Korea's gross domestic product expanded a seasonally adjusted 0.1 percent on ...Full Story>>

South Korea GDP Data Due On Thursday

01/22/2025 - 17:30 PM (RTTNews)
(RTTNews) - South Korea will on Thursday release preliminary Q4 numbers for gross domestic product ...Full Story>>

Ireland Property Price Inflation Slows For Third Month

01/22/2025 - 09:46 AM (RTTNews)
(RTTNews) - Residential property price inflation in Ireland eased for the third month in a row in ...Full Story>>

Do not sell my personal information

Copyright © 2025. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.