Bank of Japan Decides to End Negative Interest Rate Policy After 17 Years

Tuesday, 19 March 2024, 04:07

Bank of Japan announced the end of its 17-year negative interest rate policy by raising the short-term rate from minus 0.1% to a range of 0 to 0.1%. This decision marks a significant shift in the Bank's monetary policy, reflecting changing economic conditions.
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Bank of Japan Decides to End Negative Interest Rate Policy After 17 Years

Bank of Japan ends negative interest rate policy

The Bank of Japan has announced the end of its negative interest rate policy, opting for its first rate hike in 17 years. The short-term rate has been raised from minus 0.1% to a range of 0 to 0.1% following a policy meeting.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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