Finally, BOJ Raises Rates After 17 years
William Pesek, Columnist, Nikkei Asia
20-Mar-24 08:45
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The world's longest monetary policy experiment has ended with the Bank of Japan finally raising rates after 17 years. In what was a widely anticipated move, the overnight rate is now in a range of about zero to 0.1 percent, from minus 0.1 percent. William Pesek, columnist, Nikkei Asia tells us what this entails for the economy, markets and the yen.
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Produced by: Wong Shou Ning
Presented by: Wong Shou Ning, Shazana Mokhtar
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Categories: economy, international
Tags: japanese yen, bank of japan,