The Bank of Japan (BoJ) has decided to keep its interest rates below zero, and thus is the only major economy to do so while other key central banks raise interest rates in a bid to curb inflation. Since 2016, Japan’s central bank has maintained its key interest rate at negative 0.1 percent. On Oct….
Japan Remains the Only Major Economy to Maintain Negative Interest Rates
October 28, 2022
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Asia & PacificBank of JapanBusiness & MarketseconomyHaruhiko Kurodainflationinflation in japaninterest rateWorld
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