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The Bank of Japan raised interest rates for the first time in 17 years, officially ending the eight-year era of negative interest rates

The Bank of Japan raised interest rates for the first time in 17 years, officially ending the eight-year era of negative interest rates

2024/03/19 04:16

Shenzhen TechFlow news, according to Jinshi Data, the Bank of Japan raised the benchmark interest rate from -0.1% to 0-0.1%, in line with market expectations. It was the first interest rate increase since 2007, and the eight-year negative interest rate era officially ended.

Previous news, Nikkei: The Bank of Japan will raise interest rates for the first time in seventeen years and end the YCC policy.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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