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   R. Scott Pert (raymondpert@mastodon.cloud)'s status on Tuesday, 19-Mar-2024 23:33:07 JST R. Scott Pert

   Bank of Japan scraps radical policy, makes first rate hike in 17 years

   > 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.
   https://www.reuters.com/markets/asia/japan-poised-end-negative-rates-closing-era-radical-policy-2024-03-18/ #Japan #economy