{"id":62665,"date":"2024-03-19T14:50:12","date_gmt":"2024-03-19T05:50:12","guid":{"rendered":"https:\/\/www.theguardian.com\/world\/2024\/mar\/19\/bank-of-japan-raises-interest-rates-negative-scrapped-borrowing-costs"},"modified":"2024-03-19T14:50:12","modified_gmt":"2024-03-19T05:50:12","slug":"japan-raises-interest-rates-for-first-time-since-2007","status":"publish","type":"post","link":"https:\/\/eastasianews.net\/wp\/?p=62665","title":{"rendered":"Japan raises interest rates for first time since 2007"},"content":{"rendered":"<p>Shift makes Bank of Japan the last central bank to end negative rates in move that has \u2018a lot of symbolic significance\u2019 according to analysts<\/p>\n<p>Japan\u2019s central bank has ended eight years of negative interest rates, in an overhaul of one of the world\u2019s most aggressive monetary easing programmes that sought to encourage bank lending and spur demand.<\/p>\n<p>In its first interest rate hike in 17 years, the Bank of <a href=\"https:\/\/www.theguardian.com\/world\/japan\">Japan<\/a> [BOJ] said it was lifting its short-term policy rate from -0.1% to between zero and 0.1%, although analysts said a fragile economic recovery meant it would continue go slow with any further rise in borrowing costs.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/world\/2024\/mar\/19\/bank-of-japan-raises-interest-rates-negative-scrapped-borrowing-costs\">Continue reading&#8230;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shift makes Bank of Japan the last central bank to end negative rates in move that has \u2018a lot of symbolic significance\u2019 according to analystsJapan\u2019s central bank has ended eight years of negative interest rates, in an overhaul of one of the world\u2019s mos&#8230;<\/p>\n","protected":false},"author":151,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"sns_share_botton_hide":"","vkExUnit_sns_title":"","_vk_print_noindex":"","sitemap_hide":"","_veu_custom_css":"","veu_display_promotion_alert":"","vkexunit_cta_each_option":"","footnotes":""},"categories":[6,2383,88],"tags":[],"class_list":["post-62665","post","type-post","status-publish","format-standard","hentry","category-business","category-interest-rates","category-japan"],"veu_head_title_object":{"title":"","add_site_title":""},"_links":{"self":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/62665","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/users\/151"}],"replies":[{"embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=62665"}],"version-history":[{"count":1,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/62665\/revisions"}],"predecessor-version":[{"id":62666,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/62665\/revisions\/62666"}],"wp:attachment":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=62665"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=62665"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=62665"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}