Japan Raises Interest Rates for First Time in 17 Years After 17 years of maintaining a negative interest rate policy, Japan’s central bank has taken a historic step by raising its key interest rate from -0.1% to a range of 0%-0.1%. This move marks a significant shift in Japan’s economic strategy, reflecting a response to rising consumer prices and increased wages. In 2016, Japan had lowered its interest rate below zero, aiming to invigorate its stagnant economy by encouraging spending over savings. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Markets on Edge: Continuing Coverage of Regional Banking Crisis READ MORE The World Bank: Gold Investing Handbook for Asset Managers READ MORE Gold Price Soars Past $2,200 as Fed Signals Rate Cuts READ MORE Silver to $50? It Could Happen Sooner than You Think READ MORE The Bull and Bear Case for Gold in 2024 READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment