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Will 2024 See Japan’s First Rate Hike in 16 Years?

From youtube.com/bloombergquicktake

The Bank of Japan’s ultra-loose monetary policy has seen its base interest rate locked at -0.1% since January 2016. Aimed at energizing Japan’s economy via increased spending and borrowing, most analysts agree that the approach has yielded mixed results, with nominal GDP per capita drifting in the bottom half of OECD countries for most of that period. Will 2024 see the Bank change direction? Presented by @cmegroup

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  • Category: Fundamental Analysis