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.
CEO and Founder of CanAm Bullion has been dedicated to delivering exceptional value to Canadians since 2017. Driven by a mission to empower Canadians with expert investment advice and education, he has positioned CanAm Bullion as a trusted resource for those seeking to enhance their portfolios with precious metals. Under Michael’s leadership, the company has become synonymous with reliability, knowledge, and dedication, helping Canadians achieve greater financial stability and long-term success.
Share This Article
Choose Your Platform: Facebook Twitter Google Plus Linkedin