17 साल बाद ! Japan Ends Negative Interest Rate Era | What is Negative Interest Rate? #UPSC
Bank of Japan has increased the interest rate for the first time in past 17 years the interest rate has been increased from minus 0.1% to plus 0.4% yes Japan had negative interest rate from past 8 years since 2016 now from prelims perspective all the aspirants should
Know why the bank of Japan or any other bank for that matter would introduce a negative interest rate Japan introduced negative interest rate because Japan was battling with deflation and stagnation since the 1990s and we know to Spur growth and increase inflation the banks reduce interest rates recently the
Japanese economy has seen the virtual cycle of wages and prices and as a result the bank of Japan has increased the interest rate the virtual cycle of wages and prices is a cycle of inflation where inflation results into higher profit for the companies which results into higher wages which increase in the
Spending of the people and which is again result into inflation and the cycle continues
17 साल बाद ! Japan Ends Negative Interest Rate Era | What is Negative Interest Rate? Why did any Bank Introduce Negative Interest Rates? | Important for UPSC Exams #IntrestRate #NegativeInterestRates #Japan #UPSC #KalamIASAcademy
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