US Federal Reserve

Bank of Japan finally ends negative interest rate policy

Japan's central bank on March 19 scrapped its negative interest rate as it finally began unwinding one of the world's most aggressive monetary easing programs.

The maverick policy dating back to 2013 was aimed at jump-starting economic growth and inflation after the country's "lost decades" of stagnant activity and prices in the world's number four economy.

Stournaras to Bloomberg: European Central Bank must cut interest rates twice before the summer holidays

ECB should not be influenced by Fed's moves, BoG governor says during London interview - "Real wages will only reach pre-pandemic levels in 2025" - What he said about the possibility of interest rates returning below 2 percent

ECB to signal no rush to cut interest rates

European Central Bank (ECB) policymakers are expected to keep interest rates steady on Jan. 25 and signal they are in no hurry to start slashing borrowing costs despite progress against inflation.

The Frankfurt institute is tipped to pause for the third meeting in a row following a historic run of hikes to tame runaway prices, leaving the benchmark deposit rate at 4 percent.

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