BFM Podcast

Finally, BOJ Raises Rates After 17 years

Tan KW
Publish date: Wed, 20 Mar 2024, 02:54 PM
Finally, BOJ Raises Rates After 17 years

20-Mar-24 08:45

William Pesek, Columnist, Nikkei Asia

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.

Image Credit: Shutterstock.com

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