Today news
About the same in other media
Bank of Japan brings era of negative rates to a close
Reading now: 766
investmentweek.co.ukThe move brings the nation's interest rate to a range of 0-0.1%, as BoJ governor Kazuo Ueda also ended a swathe of accommodative monetary policies. Interest rates shifted into negative territory in 2016 in an attempt to encourage banks to lend more, continuing a near decade-long trend of cutting rates, with the previous hike occurring in 2007. Aviva Investors' Wakefield: Is Japan's stock-market sugar rush sustainable? Chris Scicluna, head of research at Daiwa Capital Markets Europe, noted along with the rates shift, the bank ended the policy of yield control and ETF purchase, which...
To continue reading this article...
Join now
Login
Read more on investmentweek.co.ukAbout this in other media
Asian stocks surge as Fed keeps rate cut hopes alive; Nikkei at record high investing.com /8 months ago
BOJ chief vows to keep monetary stimulus, nods to price momentum investing.com /8 months ago
Japan’s Nikkei hits record high; near 41,000 in aftermath of BOJ investing.com /8 months ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
