BOJ Expected to End Negative Interest Rate Policy in April

The Bank of Japan (BOJ) is expected to end its negative interest rate policy in April and raise short-term borrowing costs due to sustained wage growth and inflation exceeding the 2% target. BOJ members believe that additional tweaks to yield curve control are not necessary, and the central bank is committed to supporting the economy until inflation reaches its target. Despite the BOJ's policy tweak, the yen has weakened against the dollar.