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
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