Central Banks

BOJ Fully Prepared to End Negative Rate, Likely in April, Ex-Official Says

The Bank of Japan headquarters in Tokyo.

Photographer: Kosuke Okahara/Bloomberg
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The Bank of Japan is fully prepared to put an end to the world’s last negative interest rate, and April is the most likely timing for when it might do so, a former BOJ board member said.

“The BOJ is completely ready,” Makoto Sakurai, the former board member, said in an interview Wednesday. “They are just waiting for one last push from one or two economic data.”