March 22, 2024 1:05 PM
Bank of Japan Ends Negative Interest Rate Policy After 17 Years
The Bank of Japan today announced the end of its negative interest rate policy and increased borrowing costs for the first time in 17 years. The central bank in a statement said, it will encourage the uncollateralized overnight call rate to remain at around 0 to 0.1 per cent, moving them from their ...