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Bank of Japan set to raise interest rates to 31-year high

Bank of Japan set to raise interest rates to 31-year high

By Leika Kihara TOKYO, Sept 18 (Reuters) - The Bank of Japan is set to raise interest rates to a 31-year high on Friday and pledge to deliver more to counter inflation risks, which may heighten if the start of a U.S. rate-hike cycle weakens the yen against the dollar.

Investors react to BOJ raising interest rates to 31-year high

Investors react to BOJ raising interest rates to 31-year high

Sept 18 (Reuters) - The Bank of Japan raised interest rates to a 31-year high of 1.25% on Friday in a widely expected move to forestall risks of inflation overshooting its 2% inflation target.

Yen slumps to two-week low after BOJ rate hike underwhelms

Yen slumps to two-week low after BOJ rate hike underwhelms

By Gregor Stuart Hunter and Harry Robertson SINGAPORE/LONDON, Sept 18 (Reuters) - The yen sank to a two-week low against the dollar on Friday after two policy makers at the Bank of Japan dissented from a widely expected decision to raise interest rates, raising doubt among traders about the

BOJ Governor Ueda's comments at news conference

BOJ Governor Ueda's comments at news conference

Sept 18 (Reuters) - The Bank of Japan raised interest rates to a 31-year high on Friday and signalled its readiness to keep pushing up borrowing costs, joining other major central banks in fighting persistent inflation pressures driven by soaring oil costs.

Stocks rise, yen weakens as BOJ split-vote hike tempers hawkish wagers

Stocks rise, yen weakens as BOJ split-vote hike tempers hawkish wagers

By Ankur Banerjee SINGAPORE, Sept 18 (Reuters) - Asian stocks rose on Friday, helped by lower oil prices while investors grappled with global central bank efforts to rein in inflation, as Japan added another rate hike, albeit with a dovish twist that pushed the yen lower.

Dollar eases from peak as oil prices extend decline, BoJ in focus

Dollar eases from peak as oil prices extend decline, BoJ in focus

By Stefano Rebaudo Sept 17 (Reuters) - The dollar climbed to a seven-week high on Thursday after the Federal Reserve raised rates and reaffirmed its commitment to curbing inflation, though it later eased as energy prices extended their fall on diminishing fears of supply disruptions.

Japan vows effort to maintain orderly yen moves

Japan vows effort to maintain orderly yen moves

TOKYO, Sept 17 (Reuters) - Japan will continue to strive towards maintaining orderly yen moves through close communication with the United States, its top government spokesperson said on Thursday in the wake of the yen's renewed slide.

Japan's core inflation holds near BOJ's target

Japan's core inflation holds near BOJ's target

By Leika Kihara and Yoshifumi Takemoto TOKYO, Sept 18 (Reuters) - Japan's core consumer inflation held steady near the central bank's 2% target in August, data showed on Friday, highlighting mounting price pressures that solidify the case for a near-term interest rate hike.

How Bessent, America's bond salesman, cornered Japan on big spending

How Bessent, America's bond salesman, cornered Japan on big spending

By Tamiyuki Kihara, Makiko Yamazaki, Takaya Yamaguchi and Leika Kihara TOKYO, Sept 18 (Reuters) - When Japanese finance minister Satsuki Katayama called Scott Bessent for help to support the cratering yen in June, her U.S. counterpart's response was familiar: If Tokyo wanted assistance, it had to

Shares and short-term yields edge up after Fed hike, focus turns to BoE

Shares and short-term yields edge up after Fed hike, focus turns to BoE

By Marc Jones and Stella Qiu LONDON/SYDNEY, Sept 17 (Reuters) - World shares shuffled higher and the dollar nestled at a seven-week high on Thursday, after the U.S.

BOJ set to raise interest rates to 31-year high as inflation risks loom

BOJ set to raise interest rates to 31-year high as inflation risks loom

By Leika Kihara TOKYO, Sept 16 (Reuters) - The Bank of Japan is set to raise interest rates to a 31-year high on Friday and signal readiness to keep pushing up borrowing costs, joining other major central banks in fighting persistent inflation pressures driven by soaring oil costs.

Analysis-Yen rally faces moment of truth as BOJ risks disappointing markets

Analysis-Yen rally faces moment of truth as BOJ risks disappointing markets

By Kevin Buckland TOKYO, Sept 15 (Reuters) - The fate of the sharpest yen rally in 18 months rests on the Bank of Japan breaking free of its cautious rate-hiking path, though it risks a sharp reversal if the currency again succumbs to the forces that dragged it to 40-year lows in July.