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

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

TOKYO: The Bank of Japan ended eight years of negative interest rates and other remnants of its unorthodox policy on Tuesday, making a historic shift away from a focus of reflating growth with decades of massive monetary stimulus.While the move will be Japan’s first interest rate hike in 17 years, it still keeps rates stuck … Read more