After BOJ policy tweak, focus turns to exit from negative rates

Inflation, wages and politics factor into decision on monetary tightening

20231031N BOJ building

The Bank of Japan decided Tuesday to remove its strict ceiling on long-term interest rates, but its negative-rate policy remains in place. © Reuters

KENICHI ONOZAWA, Nikkei deputy editor

TOKYO -- With the Bank of Japan discarding a strict ceiling for 10-year yields on Tuesday, market watchers have started to think about when the bank will end its negative interest rate policy.

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