LivermoreJesse
The Bank of Japan's 8 years and 1 month of -0.1% negative interest rate era ended on 2024.3.19, and the era of 0-0.1% interest rates will end on 2024.7.31! This time, an estimated 0.25% rate hike!
A simple note on negative interest rates: it's not the common misconception that saving money in the bank costs you money, but rather that the Bank of Japan charges -0.1% interest on excess deposits held by commercial banks at the central bank. This is to encourage commercial banks to actively engage in business lending and stimulate Japan's economic development; for ordinary people's deposits, there
View OriginalA simple note on negative interest rates: it's not the common misconception that saving money in the bank costs you money, but rather that the Bank of Japan charges -0.1% interest on excess deposits held by commercial banks at the central bank. This is to encourage commercial banks to actively engage in business lending and stimulate Japan's economic development; for ordinary people's deposits, there











