{"id":203916,"date":"2025-12-21T18:28:15","date_gmt":"2025-12-21T18:28:15","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/203916\/"},"modified":"2025-12-21T18:28:15","modified_gmt":"2025-12-21T18:28:15","slug":"boj-rate-hike-could-be-both-good-and-bad-for-households","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/203916\/","title":{"rendered":"BOJ rate hike could be both good and bad for households"},"content":{"rendered":"<p>The Bank of Japan&#8217;s decision on Friday to raise its policy interest rate further is expected to affect households and businesses in both positive and negative ways.<\/p>\n<p>Following the latest BOJ decision, MUFG Bank and Mizuho Bank, two of the country&#8217;s three megabanks, announced that they will increase their short-term prime lending rates to 2.125% from 1.875%.<\/p>\n<p>The short-term prime rates are used to adjust floating mortgage rates every six months. About 80% of housing loans in Japan are believed to be the floating-rate type.<\/p>\n","protected":false},"excerpt":{"rendered":"The Bank of Japan&#8217;s decision on Friday to raise its policy interest rate further is expected to affect&hellip;\n","protected":false},"author":2,"featured_media":203917,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[2667,13601,72,113,61,1095,60,8672],"class_list":["post-203916","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-banks","tag-boj","tag-business","tag-economy","tag-ie","tag-inflation","tag-ireland","tag-japanese-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/203916","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=203916"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/203916\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/203917"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=203916"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=203916"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=203916"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}