BOJ preparing to end negative interest rate policy at March meeting, Jiji reports People walk in front of the Bank of Japan building in Tokyo, Japan January 23, 2024. REUTERS/Kim Kyung-Hoon/File Photo Purchase Licensing Rights TOKYO, March 14 (Reuters) – The Bank of Japan has started to make arrangements to end its negative interest rate policy at the March 18-19 meeting, Jiji news agency reported on Thursday. A number of major firms this week announced wage hikes above those of 2023, heightening expectations that the rosy pay trends will give the central bank leeway to make the key policy shift. Sources have told Reuters that the central bank will debate the end of its negative rate policy next week if Friday’s preliminary survey on big firms’ wage talks outcome yield strong results. The BOJ will make a final decision on what would be the first rate hike in Japan in 17 years after reviewing Friday’s preliminary wage survey result, Jiji said. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Why the World Has Gone Cuckoo for Copper READ MORE HSBC: Commodity Markets Are in a ‘Super Squeeze’ READ MORE Gold Fluctuates as Investors Turn Focus to Fed Meeting, US Data READ MORE Gold slips from record levels after hot U.S. inflation data READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment
