Global attention pivoted to Japan on Tuesday (March 19) when the Bank of Japan, led by governor Kazuo Ueda, finally abandoned negative interest rates, raising its deposit rate from -0.10% to 0.00 to 0.10%. This move signals Japan’s triumphant emergence from its lost decades and a return to growth, while marking the end of the global negative interest rate era.
I think it’s a very good condition for the Japanese economy at the moment. Reasonable inflation is taking place
Eisuke Sakakibara
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access
