India  
 
NewsR.in

Japan ends negative rate era with 1st hike in 17 years

IndiaTimes Tuesday, 19 March 2024
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 struggling economy. This move marks the end of the world's final negative interest rate policy and the conclusion of an extensive monetary stimulus program.
0
shares		ShareTweetSavePostSend
 

You Might Like


Related news from verified sources

Bank of Japan ends negative rates, closing era of radical policy

 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...
IndiaTimes

The Bank Of Japan Ends Its Negative Interest Rate Policy, Opting For Its First Hike In 17 Years

 The Bank of Japan has kept borrowing costs extremely low for many years to encourage Japanese consumers and businesses to spend and invest.
Zee News