Japan’s central bank on Friday raised the benchmark interest rate to 1.25% from 1.0%, a 31-year-high. The Bank of Japan has been trying to normalize monetary policy after decades of keeping interest rates near or below zero to try to encourage more borrowing and spending to counter deflation and pull Japan’s economy out of the doldrums.

Japan’s central bank on Friday raised the benchmark interest rate to 1.25% from 1.0%, a 31-year-high. View on euronews

TOKYO—The Bank of Japan lifted its benchmark interest rate to its highest level in 30 years and signaled more increases are on the way, a policy shift with the potential for big ripples far beyond Japan’s shores.

The Bank of Japan raised rates to 1.25%, and markets will be watching Governor Kazuo Ueda's remarks for ​clues on the timing of further increases to counter inflation.

British retail sales showed a surprise increase of 0.5% in August despite the latest jump ​in fuel prices caused by the resumption of the Iran ‌war, official figures showed on Friday.

CNBC's Rick Santelli breaks down the latest economic data to cross the tape.

The sun is shining on the economy in August, but September is likely to be a different story as energy prices have soared the last month, taking a toll on consumer confidence,

August’s retail sales mirror the strong payrolls report, dispelling worries about a slowdown anytime soon,” David Russell, global head of market strategy at TradeStation, w

As surprise inflation was plaguing the economy, peaking at 9% in 2022, firms were handing out their customary 3% cost-of-living raises. Meanwhile, 43% of workers who didn’t change jobs (and 37% of all workers studied) endured reductions in real wages,

Inflation hasn’t gone away — it’s going up. With the midterm elections seven weeks off, that’s a problem for the president and Congress. Voters hate inflation. They don’t much like the cure either, and the cure has two parts.

Raphael Bostic, former Atlanta Fed president, joins 'Squawk on the Street' to discuss the latest Federal Reserve decision, energy's impact on inflation and much more.

Lawmakers have to show they'll back the national debt with future fiscal surpluses, which means reining in government spending.

Oil prices fell 2% on Friday, extending losses for a third straight session, as easing concerns over Saudi supply disruptions outweighed anxiety about a widening the Middle East conflict.

Oil prices fell Thursday as Saudi Arabia shifts some crude exports through the Strait of Hormuz to compensate for the closure of a key pipeline, easing market fears that the outage will cause another major disruption to global supplies.

With its East-West pipeline shut down, the Straight of Hormuz is the best avenue available and its spigot has recently opened up. Will it last?

Poland’s Orlen SA, the biggest oil company in the European Union’s east, is seeking to diversify crude supplies as the Middle East conflict disrupts deliveries from key partner Saudi Arabia.

The Federal Reserve raised its benchmark interest rate by 0.25 percentage points, to 3.75-4%, the central bank’s first increase since July 2023. All 12 members of the Fed’s rate-setting panel voted for it.

The US Fed has raised its benchmark interest rate by 25 basis points, taking the federal funds target range to 3.75% to 4%. This was the first rate hike since July 2023.

. Federal Reserve Board Chairman Kevin Warsh speaks during a news conference in Washington, 29 July 2026

The Federal Reserve raised interest rates by a quarter point on Wednesday in the first change in monetary policy since Kevin Warsh became chairman in May. The decision was expected and markets reacted cautiously with stocks largely unchanged while yields on government bonds fell slightly.

The U.S. bond market was broadly up Thursday, as Treasury yields retreated but remained at elevated levels. The yield on the 10-year Treasury note was declining on Thursday afternoon to around 4.95%,

Doing so may staunch the sharp selloff in the $31.5 trillion Treasury market that has pushed long-end yields to their highest levels in decades. Bond buyers were starting to return after the benchmark 10-year Treasury yield hit 5% on Monday,

A break above 5% on the 10-year Treasury yield could spell trouble for stocks – and put the artificial intelligence trade under particular pressure, according to Breakout Capital founder Ruchir Sharma.

If the Federal Reserve hikes interest rates in an effort to slow down the rapid rise in longer-term yields, history shows it probably won’t be a success.