The Bank of Japan (BOJ) recently ended its massive easing policy under Prime Minister Abe Shinzō and BOJ Governor Kuroda Haruhiko. Former BOJ Governor Masaaki Shirakawa expressed skepticism about the historic interest rate hike, the first in 17 years. BOJ board members discussed caution at a recent policy meeting where the bank raised rates for the first time since 2007. Despite the historic policy pivot, experts believe further rate hikes are unlikely in the near future.
The BOJ made a historic policy pivot this month when it lifted its key rate back into positive territory for the first time since 2016, but one expert believes further hikes are unlikely anytime soon. https://t.co/3c8vx2PL2c
Bank of Japan board members discussed the need to stay cautious at a policy meeting last week, where the bank ended its massive easing program with Japan’s first interest rate increase since 2007. https://t.co/VJpSPwx87G
Former Bank of Japan Governor Masaaki Shirakawa voiced skepticism that the bank’s interest rate hike last week — the first in 17 years — should be regarded as a historic turn https://t.co/3B2dNu1RrP
This month, the Bank of Japan put an end to the longstanding policy of massive easing launched under Prime Minister Abe Shinzō and BOJ Governor Kuroda Haruhiko. https://t.co/jloRsCmlby
Some BOJ members saw sharp rate hikes as unnecessary at March meeting https://t.co/63juJxD2hk