Bank of Japan decides to stop negative interest rates. The committee led by Governor Kazuo Ueda decided to increase the reference interest rate to zero percent from the previous minus 0.1%.
Also expected is the progressive abandonment of the yield control program (YCC), adopted in 2016 together with the negative rate formula. The interruption of massive purchases of risky assets such as traded investment funds (ETFs) Reproduction reserved © Copyright ANSA. All rights reserved. The Central Bank of Japan (BoJ) is putting an end to its negative rate policy for the first time in 17 years.