Why Japan just ended the world's last negative interest rate regime

After seventeen years, the Bank of Japan has finally raised interest rates, marking a historic shift in global monetary policy and the end of an era for the world's last remaining negative rate environment.

The video explores the implications of the Bank of Japan's recent decision to raise interest rates for the first time in seventeen years. Beyond the rate hike, the central bank has also abandoned its yield curve control policy, a mechanism used since 2016 to suppress long-term interest rates through the purchase of Japanese government bonds. While the bank is moving away from this specific control, it has opted to maintain its current pace of bond buying for the time being.

Source: What the End of Japan’s Negative Interest Rates Means