Bank of Japan raises interest rates to 31-year high, flags concerns over inflation
The decision was split 7-2, with board members Toichiro Asada and Ayano Sato dissenting from the hike.
Brief by WorldPing · Original reporting by CNBC World
WorldPingRolling coverage of the latest economic and financial news Despite the inflationary squeeze on households, retail sales across Great Britain have risen over the summer.
The heatwave, a pick-up in web shopping, and the joys (and pain and disappointment !
Economic releases and corporate results feed directly into rate expectations, currency moves and equity pricing, so the detail here often matters more to markets than the headline itself.
When each newsroom published on this story, oldest first — all times UTC.
Japan raises interest rate to new 31-year high to curb rising prices
Japan raises interest rates to 31-year high as central bankers fight inflation; retail sales rise in Great Britain – business live
The original report was published by The Guardian. WorldPing does not claim that reporting — this page summarises and contextualises it.
Read the full report at The GuardianLiving hubs that keep updating as this story develops.
The decision was split 7-2, with board members Toichiro Asada and Ayano Sato dissenting from the hike.
Brief by WorldPing · Original reporting by CNBC World
WorldPingJapan's central bank raises benchmark interest rate to 1.25%…
Brief by WorldPing · Original reporting by ABC News
Bank of Japan raises benchmark interest rate from 1 to 1.25 percent, pledging to help counter inflation risks.
Brief by WorldPing · Original reporting by Al Jazeera
WorldPingThe yen declined and BTC rose after the BOJ hiked rates to the highest level in 31 years.
Brief by WorldPing · Original reporting by CoinDesk
WorldPingCentral banks around the world have hiked rates as high energy prices are pushing up inflation.
Brief by WorldPing · Original reporting by BBC Business
Pressure has increased on officials to further tighten monetary policy as a spike in oil prices caused by the West Asia crisis…
Brief by WorldPing · Original reporting by The Hindu