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

Cointime2024/03/19 03:42

By:Cointime

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The Bank of Japan has raised its benchmark interest rate from -0.1% to 0-0.1%, in line with market expectations. This is the first interest rate hike since 2007, marking the end of an 8-year era of negative interest rates.

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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

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