BOJ Set to End Negative Interest Rate Policy Next Week

The Bank of Japan's anticipated policy shift comes after significant wage hikes and marks its first rate hike in 17 years.

The Bank of Japan is expected to end its negative interest rate policy next week, influenced by substantial wage increases during this year's negotiations.
Japan's largest companies have agreed to the biggest pay raises in 33 years, fueling the policy change.
The decision follows internal preparations since Kazuo Ueda's tenure as BOJ governor began last year, signaling a move away from the bank's massive stimulus program.
A Reuters poll shows a growing expectation among economists for the BOJ to end negative rates at its upcoming meeting, with some predicting a shift as early as this month.
The policy change would mark Japan's first interest rate hike since 2007, ending eight years of negative interest rates.