MUFG readies for rate lift-off this month

Firm belief: A MUFG branch in downtown Tokyo. The bank expects the move to come in two weeks and says it is necessary for the BoJ to end the negative interest rate in March, and not April. — Bloomberg

TOKYO: One question is obsessing over Tokyo’s financial markets – when will the Bank of Japan (BoJ) exit negative interest rates?

The country’s biggest bank expects the move to come in two weeks and is positioning itself accordingly.