Six members of the Monetary Policy Committee, which makes the decision, voted to hold the rate - while the other three wanted an increase to 4%.

By Leika Kihara TOKYO, Sept 18 (Reuters) - The Bank of Japan is set to raise interest rates to a 31-year high on Friday and pledge to deliver more to counter inflation risks, which may heighten if the start of a U.

Find the bank CDs that are paying the highest rates and that are available to anyone in the U.S. All banks included in our rankings are FDIC-insured.

Senior Bank of Canada policymakers agreed that inflation risks had intensified and rate hikes could be required should evidence emerge of higher fuel costs spilling over to prices of other goods and services.

By Leika Kihara and Makiko Yamazaki TOKYO, Sept 18 (Reuters) - The Bank of Japan raised interest rates to a 31-year high on Friday and signalled its readiness to keep pushing up borrowing costs, joining other major central banks in fighting persistent inflation pressures driven by soaring oil costs.

ECB Governing Council member Gabriel Makhlouf discusses the outlook for inflation, the economy and interest rates. “At a time of uncertainty, every meeting is a live meeting for the European Central Bank,

Major stock indexes finished lower for the seventh time in eight sessions Wednesday, with the Dow Jones Industrial Average shedding more than 600 points, after the Federal Reserve unanimously raised interest rates for the first time since 2023 and Chair Kevin Warsh warned about continued inflation.