• 11/29/2024

Japan’s central bank raises interest rates for first time since 2007: ‘treading on thin ice’

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

The move will make loans more costly for consumers and businesses, but banks will be able to earn more money from lending.

https://www.scmp.com/news/asia/east-asia/article/3255945/japans-central-bank-raises-interest-rates-first-time-2007-treading-thin-ice?utm_source=rss_feed