MARKET NEWS
How far could the Bank of Japan raise interest rates? - REUTERS
By Leika Kihara
TOKYO, Nov 20 (Reuters) - The Bank of Japan is laying the groundwork to raise interest rates again, but has left markets guessing how soon and at what pace it could push up still-low borrowing costs.
Here is a guide to the BOJ's recent communications on when and how far it could eventually raise interest rates:
WHAT HAS THE BOJ SAID AND DONE SO FAR?
The BOJ ended negative interest rates in March and raised its short-term policy target to 0.25% in July. In the latest sign another hike was nearing, BOJ Governor Kazuo Ueda said on Nov. 18 the economy was progressing towards sustained wages-driven inflation.
