BoJ Shifts Gear: Ends NIRP, Raises Rates First Time in 16 Years
Quick Look The BoJ has announced significant changes to its monetary policy, marking a departure from the negative interest rates since 2016. For the first time since 2007, the BoJ raised borrowing costs, setting short-term interest rates at about 0% to 0.1%. The policy adjustments include the end of yield curve controls and a strategic …
BoJ Shifts Gear: Ends NIRP, Raises Rates First Time in 16 Years Read More »