Bank of Japan Scraps Radical Policy, Makes First Rate Hike in 17 Years
Voice of America
Pedestrians walk past the Bank of Japan building in Tokyo, Japan March 18, 2024.
The Bank of Japan (BOJ) ended eight years of negative interest rates and other remnants of its unorthodox policy on Tuesday, making a historic shift away from its focus on reflating growth with decades of massive monetary stimulus.
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