Bank of Japan (BoJ) news

The Bank of Japan (BoJ) is the central bank of Japan. It conducts monetary policy to achieve price stability and financial system stability. The BoJ employs various tools, including quantitative easing and yield curve control, to influence economic activity and promote sustainable growth in Japan.

Japan's core CPI higher than expected, yen weakens to 150

Japan's core inflation fell to 3% in February but this was above the market estimate of 2.9%. Headline inflation fell to 3.7% from 4%, lower than the market estimate of 4.2%. The Bank of Japan is expected to continue raising rates, most likely in June or July. In the US, New York Fed President Williams said that monetary policy was in the right spot, given the risk of higher inflation and lower growth.

24-03-2025 13:30 GMT by Kenneth Fisher

Bank of Japan maintains rate, yen hits 150

The Bank of Japan held rates at 0.50% at today's meeting, as expected. The Bank said that inflation was moving higher but expressed concern about US trade policy. The yen continues to lose ground and hit 150 earlier. The Federal Reserve meets later today and is virtually certain to maintain interest rates.

19-03-2025 10:40 GMT by Kenneth Fisher