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Finance & Markets

BOJ Split Vote Sends Bearish Signal on Yen, Strategists Say

The yen dropped after the Bank of Japan’s decision to hike rates as a split vote sent bearish signals, strategists said. The Japanese currency fell as much as 0.5% after the central bank raised its benchmark interest rate by a quarter percentage point to 1.25%.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

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BOJ Decides to Raise Policy Rate to 1.25 Pct

Tokyo, Sept. 18 (Jiji Press)--The Bank of Japan decided to raise its policy interest rate by 0.25 percentage point to around 1.25 pct, the highest level in about 31 years, at a two-day meeting of its…

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