negative interest rates Archives

Japan’s biggest banks forecast record profits as rates rise

Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group and Mizuho Financial Group all forecast record profits for the year started in April, after the country’s central bank ended its policy …

BOJ finally ditches negative rates, but this is no liftoff

by Adrian Jhonsan

Japan’s decision to jettison negative interest rates is rich in symbolism. Deflation, which dogged the economy for a generation, has been dispatched. Workers are finally enjoying meaningful wage increases. Policymakers …