See every side of every news story
Published loading...Updated

Bank of Japan ends negative interest rates, opting for first hike in 17 years

  • Japan's central bank raised its benchmark interest rate for the first time in 17 years, moving away from negative rates to boost the economy.
  • The lending rate for overnight borrowing by banks was raised to a range of 0 to 0.1% from minus 0.1%, fulfilling its role in Japan's monetary policy.
  • Bank of Japan Governor Kazuo Ueda stated that the negative interest rate policy, combined with other measures, have fulfilled their roles.
Insights by Ground AI
Does this summary seem wrong?

145 Articles

All
Left
35
Center
35
Right
23
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 38% of the sources lean Left, 38% of the sources are Center
38% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

E24 broke the news in Oslo, Norway on Monday, March 18, 2024.
Sources are mostly out of (0)

You have read out of your 5 free daily articles.

Join us as a member to unlock exclusive access to diverse content.