The Bank of Japan ended its negative interest rate policy and implemented its first rate hike in 17 years. It also plans to end its control of short- and long-term interest rates, drawing attention to fresh developments in risk assets.
The Bank of Japan decided to end its negative interest rate policy at its monetary policy meeting on the 19th.
It implemented its first rate hike in 17 years and indicated that it plans to end yield curve control, or control of short- and long-term interest rates.
The decision is expected to heighten market attention to fresh developments in risk assets.
Additional information and follow-up reports are expected to remain a focus of market interest.