Goldman Sachs Anticipates Bank of Japan to Lift Negative Interest Rates by March

  • March 17, 2024
In recent financial developments, Goldman Sachs has expressed its expectations for the Bank of Japan (BOJ) to withdraw its negative interest rates by March. This projection is encouraged by factors like higher wage negotiations results and related reportage believed to catalyze this change. Goldman Sachs' stance from just five days prior suggested some skepticism about the BOJ's communication clarity during this critical phase, hinting at a possible delay in hiking the interest rates. However, their updated forecast signals a more optimistic outlook regarding the BOJ's strategic adjustments.