The Bank of Japan Prepares to Scrap Negative Interest Rates
Monday, 11 March 2024, 03:30
Bank of Japan Prepares to Scrap Negative Interest Rates
The Bank of Japan is widely expected to end its negative interest rate policy, marking the conclusion of global central banks' unconventional monetary experiments. Governor Kazuo Ueda is at the forefront of this significant decision that will likely impact financial markets worldwide. The move signifies a shift from the era of negative rates, originally implemented to address economic challenges.
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