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 ...

World markets are mostly higher following gains on Wall Street driven by Tesla, IBM and Meta Platforms after strong profit reports.

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.

Consumer inflation in the Tokyo metropolitan area picked up slightly in January, government data showed Friday, supporting the Bank of Japan’s plan to pursue more interest-rate 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.

Wall Street is coming off a losing session after the Federal Reserve paused its interest rate-cutting campaign, leaving its borrowing rate unchanged in a range between 4.25% and 4.5%. In their postmeeting statement, policymakers noted that inflation remains "somewhat elevated."

Sources: FactSet, Dow Jones Stock Movers: Gainers, decliners and most actives market activity tables are a combination of NYSE, Nasdaq, NYSE American and NYSE Arca listings. Sources: FactSet ...