by Teuvo Tuomi | Aug 2, 2024 | Asia, Business, Economy, Japan, News
The Bank of Japan has decided at a monetary policy meeting to raise its short-term interest rate target to about 0.25%. This is the second increase this year. Bank of Japan Gov. Kazuo Ueda indicates the interest rate could be flexibly hiked in line with economic...
by Teuvo Tuomi | Feb 19, 2023 | Asia, Economy, Japan, News
The Bank of Japan will start a new test on the feasibility of a central bank digital currency in April. The test will be joined by private-sector companies including payment service providers and financial institutions. The Japanese central bank kicked off the first...