BANK of Jamaica (BOJ) Governor Richard Byles has hinted that the central bank is contemplating legal recourse to get commercial banks to move interest rates in line with similar movements by BOJ.

BOJ executives probably want to raise short-term rates at least to 1.5% by the end of fiscal 2026, so they have scope to reduce borrowing costs when the economy faces another downturn, Sakurai said.

Japan's upcoming spring wage discussions, also known as the "shunto" negotiations, will be in focus for investors watching ...

Several BOJ board members pointed to a build-up of upward price pressure that could lead to an overshoot in inflation, as rising import costs from a weak yen prod more firms to hike prices ...

The remarks, which echo those made by BOJ Deputy Governor Ryozo Himino on Tuesday, pushed up the yen as markets continued to price in the chance of a rate hike at the bank's next policy meeting on ...

Inflationary risks were building up as companies continue to pass on rising raw material and labour costs, which required lifting the BOJ's policy rate to levels deemed neutral to the economy ...