The Bank of Japan (BOJ) is reportedly set to discuss the possibility of exiting its negative interest rate policy in the upcoming week, a move that could mark a significant shift from its decade-long stimulus program. This decision comes after union wage negotiations have led to a surge in pay, setting the stage for the bank to consider lifting negative interest rates. The bank's final decision is expected to be influenced by the outcome of a preliminary survey on big firms' wage talks, with strong results potentially prompting the first rate hike in Japan in years. Additionally, the Japanese yen has strengthened against the US dollar, with the dollar last down 0.1% at 147.58, in anticipation of this policy shift. Former and current BOJ officials have indicated that the bank may proceed cautiously with rate hikes after ending the negative rates.
BoJ To End Negative Rates In April, High Chance Of March, Analysts Say - MS https://t.co/FSvECBjww8
Japan unions will unveil results of wage talks, presaging shift at central bank https://t.co/7Bo8pM6TxU https://t.co/uCP4s6MAcp
BOJ's End to Negative Rates: March Expected, April Possible? Wakatabe https://t.co/PquuThdjVV
BOJ's End to Negative Rates: March Expected, April Possible? Wakatabe Former BOJ Deputy Governor says BOJ chief Ueda may want to wait for more Shunto wage negotiation data…
A former Bank of Japan official sees a chance the bank’s policy board will seize the opportunity to end its negative interest rate on Tuesday after early results of wage negotiations came in strong https://t.co/He58klbWxL
🇯🇵 Sources have told Reuters that the central bank will debate the end of its negative rate policy next week if Friday's preliminary survey on big firms' wage talks outcome yield strong results. The BOJ will make a final decision on what would be the first rate hike in Japan in… https://t.co/NjEqVcD1an
The yen got a brief boost Thursday from a Jiji news service report that the Bank of Japan is poised to end its negative rate policy next week https://t.co/W9lljxwuwN
The bank of Japan is poised to exit negative interest rates at its March meeting, Jiji reported. The final decision will be made tomorrow after results of the annual spring wage negotiations, according to the report. https://t.co/wERglrdo0p
❖ JAPANESE YEN FIRMS VS US DOLLAR AFTER JIJI REPORT SAYS BOJ SET TO END NEGATIVE RATES NEXT WEEK; DOLLAR LAST DOWN 0.1% AT 147.58
JAPANESE YEN FIRMS VS US DOLLAR AFTER JIJI REPORT SAYS BOJ SET TO END NEGATIVE RATES NEXT WEEK; DOLLAR LAST DOWN 0.1% AT 147.58
🇯🇵The Bank of Japan will debate ending its negative interest rate policy next week if Friday's preliminary survey on big firms' wage talks outcome yield strong results, sources said, marking a landmark shift away from its decade-long stimulus programme.
Bank of Japan to discuss lifting negative interest rates, judgment based on wage increase tally, per Nikkei
Major wage gains set stage for BOJ to end negative interest rate; bank likely to debate change next week https://t.co/2ZEMf6jCMz
Japan's money markets gird for end of negative rates https://t.co/qLAHphJGNt https://t.co/LOEGBQOrU0
BoJ To Go Slow In Hiking Rates After Ending Negative Rates, Says Ex-Central Bank Executive - MS https://t.co/eTTNI5dqCf
🔴 BANK OF JAPAN TO DISCUSS LIFTING NEGATIVE INTEREST RATES, JUDGMENT BASED ON WAGE INCREASE TALLY - NIKKEI. https://t.co/uwC1V63ANx
🔴 BOJ TO DISCUSS NEGATIVE RATE EXIT NEXT WEEK - NIKKEI
❖ BOJ TO DISCUSS NEGATIVE RATE EXIT NEXT WEEK AS JAPAN: NIKKEI
The BOJ "Has Made Up Its Mind To Hike Rates" After Union Wage Negotations Lead To Surge In Pay https://t.co/RqcRAVJHHP
Bank of Japan may exit its negative rate policy next week. Here's what you need to know https://t.co/hxrpyNDffg