What the End of Japan’s Negative Interest Rates Means
Patrick Boyle On Finance - A podcast by Patrick Boyle
Send us a textJapan’s central bank raised interest rates last week for the first time in seventeen years, ending the world’s only remaining negative interest rate regime. The Bank of Japan also abandoned its yield curve control policy which has been in place since 2016, which saw it buying Japanese government bonds to keep longer term interest rates from rising. It has however maintained bond buying at the same pace for now.Patrick's Books:Statistics For The Trading Floor: https:/...