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Bank of Japan ends negative rates, closing era of radical policy
Credit: IndiaTimes- Published on March 19, 2024
While the move will be Japan's first interest rate hike in 17 years, it still keeps rates stuck around zero as a fragile economic recovery forces the central bank to go slow in any further rise in borrowing costs, analysts say. The shift makes Japan the last central bank to exit negative rates and ends an era in which...
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The Bank of Japan increased interest rates for the first time in over a decade on Tuesday, moving them above zero to signal a shift in its strategy to boost a...
on March 19, 2024 • IndiaTimes