Goldman Sachs now expects the Bank of Japan to hike rates Tuesday
Publishing timestamp: 2024-03-18 00:10:48
Summary
Goldman Sachs expects the Bank of Japan to raise interest rates for the first time in 17 years at its March meeting, citing stronger-than-expected salary gains and reports of an exit from negative rates. This move is seen as a sign of confidence in the Japanese economy and could mark the end of the country's long-standing monetary policy experimentation.
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Keywords: goldman sachs group inc, asia economy, prices, business news, japan, central banking,