Plans to abandon negative rates


BOJ building

TOKYO: The Bank of Japan (BoJ) may be able to start debating ways to phase out its extraordinary stimulus programme, such as by ditching negative interest rates, in 2023, said former central bank executive Eiji Maeda.

Such a move would put the BoJ in line with other central banks gradually eyeing an exit from crisis-mode policies. The US Federal Reserve unnerved investors on Wednesday with indications it could begin raising rates in 2023, earlier than it had signalled previously.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

BoJ , Bank of Japan , abandon , negative rates

   

Next In Business News

Ringgit has been unfortunate, unfairly assessed vs US dollar -BNM
Wall St set for muted open as weak earnings offset jobless claims relief
Creador’s Brahmal emerges as substantial shareholder of MCE Holdings
US weekly jobless claims increase more than expected
AmBank launches revamped AmOnline mobile banking
Pentamaster to prioritise sustainability
Kerjaya Prospek Property to jointly develop Batu Kawan land for proposed mixed development
Ringgit almost unchanged against greenback at the close
Malaysia to retain lead in Asia-Pacific Islamic banking market - S&P Global
Supermax buys remaining 33% stake in SHCI for RM18.96mil

Others Also Read