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The Bank of Japan raises interest rates for the first time in 17 years, officially ending the era of negative interest rates

The Bank of Japan raises interest rates for the first time in 17 years, officially ending the era of negative interest rates

2024/03/19 03:49

The Bank of Japan has raised the benchmark interest rate from -0.1% to 0-0.1%, in line with market expectations, marking the first rate hike since 2007 and officially ending the era of negative interest rates that lasted for 8 years.

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