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Home » BOJ to end negative interest rates in 2024, more economists say- Reuters poll

BOJ to end negative interest rates in 2024, more economists say- Reuters poll

    The Bank of Japan will end its negative interest rate policy next year, according to nearly two-thirds of economists in a Reuters poll, with more now saying the central bank is inching closer to phasing out ultra-accommodative monetary policy. BOJ Governor Kazuo Ueda is seeking to dial back the complex monetary stimulus deployed by his predecessor, but faces a challenging task of doing so without causing sharp and disruptive swings in capital markets. While 25 of 28 economists polled Oct 17-25 expect no change to policy at next week's meeting, the remaining three, at Barclays, JP Morgan and UBS, said the BOJ would begin unwinding its easy stance then.

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