Japan's Biggest Bank Set to Lift Off Negative Rates

Japan's Biggest Bank Set to Lift Off Negative Rates

Yahoo Finance

The Bank of Japan is widely expected to scrap the world’s last negative interest rate in the coming weeks. The move would mark a step toward mainstream policy after decades of experimentation saw the BOJ amass a mountain of bonds and equities, swelling its balance sheet to 127% of annual output. For the world, it’ll represent closure to the era of negative rates.

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