Financial conditions to stay 'accommodative' despite interest rate hike: BoJ

While the Bank of Japan (BoJ) continues to print money and buy bonds, despite the bank's first rate hike since 2007, the Bank of Singapore believes that the country's stock market rally will continue.

Andrew Tjaardstra

March 19, 2024

On Tuesday March 19, 2024, the Bank of Japan (BoJ) ended its decade-long measures to beat deflation, and lifted its deposit rate from -0.10%, removed its 10-year bond yield cap and set its new key interest rate at 0.00-0.10%.

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