Japan on cusp of ending its negative interest rates experiment
Posted on AllSides March 14th, 2024
From The Center
Japanese national flag is hoisted atop the headquarters of Bank of Japan in Tokyo, Japan September 20, 2023. REUTERS/Issei Kato/File Photo/File Photo Purchase Licensing Rights , opens new tab TOKYO, March 15 (Reuters) - The Bank of Japan is close to ending eight years of negative interest rate policy, with expected historical wage hikes heightening the prospect of a landmark shift away from its massive stimulus programme next week. Internal preparations for an exit have been in the works since Kazuo Ueda took office as BOJ governor in April last...