Central Banks
BOJ Likely to Keep World’s Last Negative Rate in Upcoming Decision
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The Bank of Japan is widely expected to keep the world’s last negative interest rate intact on Tuesday, with investors set to scour comments for hints on if — and when — authorities might scrap the policy next year.
Almost all 52 economists surveyed by Bloomberg forecast no change in major policy settings for the short-term rate and yield curve control mechanism at the policy meeting that concludes on Dec. 19.