Tag: rate hike

Bank of Japan
March 19, 2024 BY Simon Mugo

BOJ Ends Negative Interest Rates With a First Rate Hike in 17 Years

This development positions Japan as the final major central bank to move away from negative rates, signalling the end of a global trend in which economies were buoyed by inexpensive capital and novel financial strategies. "We have transitioned back to a standard monetary policy that focuses on short-term interest rates, aligning with practices of other…

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