The Bank of Japan announced the end of its negative interest rate policy and raised interest rates after 17 years. On March 19th local time, the Bank of Japan concluded its two-day monetary policy meeting. The Bank of Japan announced the lifting of the negative interest rate policy, which is the core of its large-scale monetary easing policy, and raised the benchmark interest rate from -0.1% to 0% -0.1%, marking the first rate hike in 17 years.