Japan Prepares for Interest Rate Hike Amid Recession Concerns

The Bank of Japan signals a potential end to negative interest rates by April, despite the country slipping into a technical recession.

Japan's economy unexpectedly entered a technical recession, losing its position as the world's third-largest economy to Germany.
The Bank of Japan is considering ending negative interest rates in the coming months, aiming to support wage growth and consumer spending.
BOJ Governor Kazuo Ueda emphasizes the central bank's commitment to reviewing monetary easing measures once inflation targets are sustainably met.
Finance Minister Shunichi Suzuki expresses concern over the yen's weakness, highlighting the negative impact on the economy.
Market expectations and the outcome of annual wage negotiations will play a crucial role in the BOJ's decision-making process regarding interest rates.