Bank of Japan lifts "negative interest rate policy" and raises interest rates. First interest rate hike by Bank of Japan in approximately 17 years.
Japan's monetary policy will undergo a major shift toward normalization. Financial analyst: Concerns that the burden of interest payments will increase due to the rise in medium- and long-term interestRate. Japan will break free of deflation and become an economy with inflation and interest rates, analyst says. We will be reporting in real time the press conference of Bank ofJapan Governor Ueda, held from 3:30 p.m.