Bank of Japan Eyes Policy Shift: Ending NegativeRates 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. Michael PiccoiniStrategic Planning, Leadership & Analysis Professional with a background in healthcare, manufacturing and retail. I have a strong understanding of the complex world of revenue Management and how to make it more relevant, understandable, and actionable for executive leadership across all levels of an organization. My career has spanned several years at UnitedHealth Group, Inc. I obtained my B. Comm from the University of Windsor and MBA from Wayne State University « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Fed's Bostic Warns: No Quick Path to Interest Rate Cuts READ MORE Nine people facing charges over ‘largest gold heist in Canadian history’ READ MORE How Gen Z's Interest in Gold is Shaping the Market READ MORE Dow and S&P 500 Dip Amid Rising Treasury Yields and Rate Cut Speculations READ MORE Paul Tudor Jones Sounds Alarm on U.S. Debt Crisis READ MORE Add a Comment Cancel replyYour email address will not be published.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
