{"id":89421,"date":"2024-09-20T00:16:56","date_gmt":"2024-09-20T04:16:56","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=89421"},"modified":"2024-09-19T23:40:09","modified_gmt":"2024-09-20T03:40:09","slug":"bank-of-japan-keeps-benchmark-interest-rate-steady-as-it-treads-cautiously-on-normalizing-policy","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2024\/bank-of-japan-keeps-benchmark-interest-rate-steady-as-it-treads-cautiously-on-normalizing-policy.html","title":{"rendered":"Bank of Japan keeps benchmark interest rate steady as it treads cautiously on normalizing policy"},"content":{"rendered":"\n<p>(CNBC) The tightening stance has set the BOJ apart as an outlier at a time when most of the global central banks are shifting toward easing policy. On Thursday, The U.S. Federal Reserve cut interest rates by 50 basis points to a range of 4.75% to 5.0%.\u00a0 The BOJ had long maintained interest rates near or below zero, as it sought to spur inflation and boost economic growth with massive monetary stimulus.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2024\/09\/20\/bank-of-japan-keeps-benchmark-interest-rate-steady-as-it-treads-cautiously-on-normalizing-policy-.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) The tightening stance has set the BOJ apart as an outlier at a time when most of the global central banks are shifting toward easing policy. On Thursday, The U.S. Federal Reserve cut interest rates by 50 basis points [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-89421","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/89421","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=89421"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/89421\/revisions"}],"predecessor-version":[{"id":89422,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/89421\/revisions\/89422"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=89421"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=89421"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=89421"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}