BOJ Decides to Raise Interest Rates
Tokyo, Jan. 24 (Jiji Press)--The Bank of Japan decided to raise interest rates at its two-day monetary policy meeting that ended Friday, taking its policy rate to a level unseen in over 16 years. The central bank judged that the wave of strong wage hikes is expected to continue in this year's "shunto" spring labor-management pay negotiations, reinforcing the country's virtuous cycle of risi...
Tomas Kauer - News Moderator 
Tokyo, Jan. 24 (Jiji Press)--The Bank of Japan decided to raise interest rates at its two-day monetary policy meeting that ended Friday, taking its policy rate to a level unseen in over 16 years. The central bank judged that the wave of strong wage hikes is expected to continue in this year's "shunto" spring labor-management pay negotiations, reinforcing the country's virtuous cycle of risi...
