Japan raises interest rates for the first time in 17 years
In a bid to revive stagnant post-financial crisis economies and spur inflation, central bankers globally ventured into uncharted territory in the 2010s by pushing interest rates into negative territory.
However, this experimental phase has now drawn to a close. Japan, as of Tuesday, became the final nation to abandon its negative interest rate policy, once deemed unthinkable, as a means to tackle an economy mired in slow growth and deflationary pressures.
The landscape for central bankers in the 2020s presents a stark contrast, with inflation emerging as the primary concern rather than deflation.
Consequently, there appears to be little justification to persist with such unconventional policies, Axios reported.
READ MORE: https://www.axios.com/2024/03/19/japan-bank-negative-interest-rate-hike
Links for B.C.
Visit My Website
https://bcbegley.com
Follow Me On Facebook
https://www.facebook.com/B.C.Begley
Subscribe To My Patreon
https://www.patreon.com/bcbegley
Watch Me On YouTube
https://www.youtube.com/channel/UCGoUf-QQTlTN-BIh3ERCE9A
Follow Me On Twitter
https://twitter.com/BC_News1
Watch Me On Rumble
https://rumble.com/c/c-280191
Follow Me On Gab
https://gab.com/BC_Begley
-
5:18
Zeihan on Geopolitics
1 month agoJapan: Zero No More (Interest Rates Are Rising) || Peter Zeihan
5231 -
3:56
Peter St Onge, Ph.D
2 months agoJapan Enters Stagflation
5511 -
35:56
Geopolitical Economy Report
13 days agoIs Japan in crisis as yen crashes? Or is USA exporting its economic problems?
7883 -
41:23
Patriot Radio News Hour
2 months agoFed: Cut Rates Despite High Inflation
14 -
3:38
JasonNeptune
15 days agoRecent Yen Volitivity and Bank of Japan (BOJ) Monetary Policy
20 -
18:25
maneco64
29 days agoBank Of Japan Sacrificing the Yen to Keep World Financial System From Imploding.
646 -
17:35
RAVries
28 days agoRafi Farber: Yen Collapse Suggests We are At the Tipping Point of Keynesian Failure
8481 -
41:12
Patriot Radio News Hour
2 months agoBanks Warn: Brace for Inflation as Fed Holds Rates
21 -
0:56
realnewsonly_
18 days agoBREAKING: The central bank of Japan has intervened 2 times in one week last week
2 -
5:32
One America News Network
1 month agoInflation Rises More Than Expected, Posing Dilemma For Federal Reserve
4.92K