The Bank of Japan raised its key policy rate to the highest level since 2008 and took a more bullish view on the strength of inflation.
BOJ’s clear guidance on rate hike calms markets but may backfire
For some economists, the latest move was too completely priced in, begging the question of how explicitly the BOJ intends to signal its plans in the future.
Bank of Japan’s Rate Hike Decision A Boost For Lenders
In a widely anticipated move, the Bank of Japan on Jan. 24 raised its short-term policy rate to 0.50% from 0.25%. Read more here.
Look No Further: The 5 Top New Meme Coins to Invest in Today Feature an Eye-Popping Referral Program You Can’t Refuse
But wait—there’s more! This article also explores the frosty charm of Pudgy Penguins, the boundary-breaking Osaka Protocol, the alpha energy of Gigachad, and ...
Japan’s ramen joints burned by rising cost of European pork
A ramen restaurant along a major road in Chiba prefecture, near Tokyo, recently raised the price of a popular bowl made with homemade chashu roast pork to 1,080 yen from 980 yen (about $6.90 and about ...
Crypto markets lose steam after Trump’s first policy move
Crypto markets steadied on Friday, still holding below recent highs even after President Donald Trump ordered the creation of a new working group, tasked with proposing new crypto rules and exploring the possibility of a U.
Japan govt to submit BOJ board nominee to parliament on Jan 28, sources say
Japan's government is likely to submit a nominee on Jan. 28 to fill a seat on the central bank's board that opens up in March, three government and ruling party sources told Reuters.
Trump, America’s First ‘Crypto President,’ Sets U.S. on Path to Bitcoin Reserve
During 2024’s presidential election, the crypto industry gave generously to Donald Trump, lobbying hard for him to win. Now that their guy is in the White House, they’re hoping he will deliver on his ...
President Trump: Executive order part of plan to make U.S. ‘crypto capital of the planet’
President Trump's Jan. 23 executive order creates a crypto task force to craft rules and study a national reserve or stockpile of digital assets.
Japan Plans to Sell Rice from Emergency Stockpiles to Cut Prices
Japan plans to release some of its rice stockpiles reserved for emergency use in response to record domestic prices for the grain. Most Read from BloombergWhat Happened to Hanging Out on the ...
Bitcoin Holds Steady As SEC Rule Reversal, Trump’s Crypto Policies Counter Japan Rate Hike: Retail Turns Bullish
Bitcoin (BTC) held steady on Friday after the U.S. Securities and Exchange Commission (SEC) repealed an accounting rule that previously forced banks to classify the cryptocurrency and other digital ...
4 crypto pros sound off on Trump’s executive order
"The executive order, as a whole, is mostly aspirational and symbolic. But the direction it points, I think, is quite bullish," a crypto market source told BI.
Bank of Japan raises interest rates, shrugging off Trump risks
In the eyes of Japanese economic policymakers, there have been few surprises from the nearly week-old Trump administration. That, in part, gave them confidence to raise interest rates again Friday.
SEC revokes unpopular banking rule that blocked Wall Street banks from adopting crypto
The U.S. Securities and Exchange Commission has rescinded an accounting rule that forced banks to treat bitcoin and other tokens as a liability on their balance sheets. The guidance was a major ...
Trump crypto meme coin is a ‘deep concern,’ Dem lawmakers tell regulators
Democratic lawmakers are asking federal regulators to look into legal and ethical questions around the meme cryptocurrency coins launched by Donald Trump.
Trump signs executive order to promote crypto, consider digital stockpile
President Donald Trump signed an executive order on Thursday that would possibly create a national digital asset stockpile for the first time along with promoting the advancement of cryptocurrencies.