FirstFT: Bank of Japan raises interest rates in historic shift

FT.com

19 Mar 2024 0 shares 1 views

FT.com

Published 19 Mar 2024

Also in today’s newsletter, Hong Kong passes tough new security law and Adani Green ‘aware’ of US anti-graft probe into third party

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Bank of Japan’s historic shift will boost local lenders

Moving interest rates closer to the central bank’s 2% inflation target could take much longer than expected

FT.com 19 Mar 2024

The historic move is the first time the country's central bank has raised interest rates for 17 years.

BBC News 19 Mar 2024