BUSINESSASIA TIMES
Bank of Japan rate hike greeted with a market shrug
The Bank of Japan's fifth rate hike in two years, raising rates by 25 basis points to 1%, was met with a muted market reaction. The Group of Seven's most predictable central bank saw the Nikkei 225 respond to the policy change.
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- Bank Indonesia raises policy rate by 0.5 point, exceeding market expectations
- Trump gives blasé response to rate hike possibility
- Markets are pricing in a rate hike by the European Central Bank — which one top economist sees as a ‘mistake in the making’
- Business circles disappointed over SBP rate pause