Underlying inflation in Japan is still slightly below the central bank’s target of 2%, Bank of Japan Gov. Kazuo Ueda said, underlining that it is in no hurry to raise interest rates.

World shares advanced Friday after U.S. stocks rose to a record and the Bank of Japan raised its key lending rate.

TOKYO--The Bank of Japan raised interest rates to the highest ... compared with around Y156.00 before the rate decision. The Nikkei Stock Average flitted between gains and losses after the ...

The Dow Jones tumbled during the overnight session before Monday’s opening bell. Trade war fears are back on the table after Trump gets into a political scuffle with Colombia. Fresh rate cut hopes are bolstering equities from early week lows.

0.50% on Friday, then the U.S. Federal Reserve is expected to pause rates at 4.25%-4.50% on Jan. 29, Allianz Research says. (DJN) About Us WSJ Pro Central Banking brings you central banking news ...

Setting rates in Japan will become a delicate balancing act if tariffs materialize.

The Dow Jones Industrial Average dipped 140 points, or 0.3%, and the Nasdaq composite sank 0.5%. Trading was quiet through the day, aided by relative steadiness in the bond market, which has been driving much of the action on Wall Street lately.

TOKYO--The Bank of Japan raised interest rates to the highest level since October 2008 on Friday, as the economy makes steady progress toward the bank's goal of stable 2% inflation and wage-backed ...

World markets mostly rose on Friday following gains on Wall Street driven by Tesla, IBM and Meta Platforms after strong profit reports. European markets opened higher after the European Central Bank cut its key interest rate to by a quarter-point to 2.

BOJ Gov. Kazuo Ueda has said that the economy is on track to reach its goal of stable inflation backed by wage growth. Policymakers expect the nation's chronic labor shortages, amid a declining and aging population, to continue to contribute to pay increases.

On Wall Street, Tesla drove 2.9% higher even though Elon Musk’s electric-vehicle company reported a weaker profit for the latest quarter than analysts expected. Mr Musk asserted Tesla will offer unsupervised “full self-driving” technology to its customers as a paid service starting in Austin in June.

Meta Platforms and Tesla helped lead most U.S. stocks higher following a rush of profit reports from some of the country’s most influential companies. The S&P 500 climbed 0.5% Thursday. The Dow Jones Industrial Average rose 0.