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Reuters

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Business & Economics

Bank of Japan poised to raise rates to highest in 17 years

Reuters
Summary
Nutrition label

75% Informative

The Bank of Japan is expected to raise interest rates on Friday barring any market shocks when U.S. President-elect Donald Trump takes office.

The move would lift short-term borrowing costs to levels unseen since 2008 global financial crisis.

A hike by the BOJ would be the first since July last year when the move shocked traders and triggered a rout in global markets.

VR Score

88

Informative language

96

Neutral language

16

Article tone

formal

Language

English

Language complexity

54

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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