Unfazed by recession, BOJ keeps April policy shift on table
Mon, Feb 19, 2024 12:05 PM

Unfazed by recession, BOJ keeps April policy shift on table

A Flip by Shubhangi Gupta
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The Bank of Japan is considering ending negative interest rates in the coming months, despite the recent recession and weak domestic demand. They are closely monitoring wage growth before making a decision. The next round of annual wage negotiations will be more important than the recent GDP data. The governor of the central bank has been working to shift away from radical monetary stimulus.

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