Japan Ends Negative Rates After 17 Years
Japan's central bank raised interest rates to a 30-year high, driving up bond yields amid fiscal spending concerns and yen weakness.
17 May 2026
Japan's central bank raised interest rates to a 30-year high, driving up bond yields amid fiscal spending concerns and yen weakness.
Japanese officials signaled imminent yen intervention is possible after the currency fell to its weakest point since 2024, putting global markets on high alert.
Japan FX officials signaled readiness to intervene as the yen nears 160 per dollar, citing volatility and possible oil-futures speculation effects.