Japan lifts interest rates to counter 'shocking' inflation
The Bank of Japan today increased rates to 1.25 per cent, in a widely anticipated move to counter inflation fuelled by high energy costs.
Japan lifts interest rates to counter 'shocking' inflation
The Bank of Japan today increased rates to 1.25 per cent, in a widely anticipated move to counter inflation fuelled by high energy costs. Grouped from 5 articles across 5 sources.
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Clustered coverageABC Australia, Al Jazeera, CNBC, Euronews, The Guardian
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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.
Bank of Japan raises rates to 31-year high of 1.25% as inflation rises
Bank of Japan raises benchmark interest rate from 1 to 1.25 percent, pledging to help counter inflation risks.
Bank of England holds rates at 3.75% in 6-3 split vote as inflation hits five-month high
The Bank of England has kept its main interest rate at 3.75%, but three of its nine policymakers voted to raise it, exposing a divided committee as the energy shock from the Iran war pushes inflation to a five-month high of 3.1%.
Bank of England holds interest rates at 3.75% but warns war could force future rises
Central bank announces surprise plan to sell billions of pounds in government bonds back to the Treasury Business live – latest updates The Bank of England has kept interest rates on hold as it warned a continuation of the current bitter fighting in the Middle East could force it to raise borrowing costs amid mounting fears over inflation. It also announced a surprise plan to sell billions of pounds in UK government bonds back to the Treasury to avoid fuelling turbulence in the gilt market, in a decision that could have major consequences for the public finances before next month’s budget. Continue reading...
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