OECD says BOJ policy rate likely to reach 2% by end-2027

13 Mwezi wa tano, 2026

Imeripotiwa na AI

The OECD projects that the Bank of Japan's policy rate will reach 2 percent by the end of 2027. This is the organization's first survey on Japan since January 2024.

The Organisation for Economic Co-operation and Development released its latest survey on the Japanese economy. It states that the Bank of Japan's policy rate is likely to reach 2 percent by the end of 2027.

The report is the OECD's first assessment of Japan since January 2024. At that earlier time the central bank's policy rate was still negative.

The survey addresses topics including jobs, inflation and taxes in the Japanese economy.

Makala yanayohusiana

Illustration of the European Central Bank raising interest rates, featuring the ECB building and economic charts.

ECB raises key interest rate to 2.25 percent

11 Mwezi wa sita, 2026 Imeripotiwa na AI Picha iliyoundwa na AI

The European Central Bank raised its key interest rate to 2.25 percent on June 11, 2026. It is the first hike since 2023. The ECB also lowered its growth forecast for the eurozone.

Bank of Japan raises rates to 1%, highest level since 1995

The Bank of Japan raised interest rates to 1 percent, the highest level since 1995.

BOJ holds rates at 0.75% for second straight meeting amid Iran war escalation

28 Mwezi wa nne, 2026 Imeripotiwa na AI

The Bank of Japan on April 28 kept its benchmark interest rate at 0.75% for the second consecutive meeting, as the war in Iran closed the Strait of Hormuz and spiked oil prices. The policy board voted 6-3, signaling potential hawkishness ahead.

Central Bank holds interest rate at 4.5%

The Central Bank council agreed unanimously to hold the monetary policy rate at 4.5% in its June meeting.

Japan's defense budget reaches 1.9% of GDP for fiscal 2026

17 Mwezi wa nne, 2026 Imeripotiwa na AI

Defense Minister Shinjiro Koizumi said Friday that Japan's initial budget for defense spending and related costs in fiscal 2026 totals about 10.6 trillion yen ($66.5 billion), roughly 1.9 percent of its 2022 gross domestic product or around 1.5 percent using projected fiscal 2026 GDP. Japan aims to raise spending to 2 percent of GDP by fiscal 2027.

Jumanne, 30. Mwezi wa sita 2026, 02:25:48

OECD says BOJ policy rate likely to reach 2% by end-2027

Makala yanayohusiana

ECB raises key interest rate to 2.25 percent

Bank of Japan raises rates to 1%, highest level since 1995

BOJ holds rates at 0.75% for second straight meeting amid Iran war escalation

Central Bank holds interest rate at 4.5%

Japan's defense budget reaches 1.9% of GDP for fiscal 2026

Takaichi’s new BOJ board pick signals tame view on inflation

Bank of Korea faces growing pressure for rate hikes amid oil spike

Panel urges BOJ to take cautious approach to rate hikes

Japan intervenes in forex markets after 'final' yen warning, sending currency soaring

Bank of Korea holds key rate at 2.5% for seventh straight meeting amid Middle East war

Tovuti hii inatumia vidakuzi