"Japan National Bank has passed a resolution to prepare for an interest rate hike."
Peninsula Hotel.
"Operations Center."
Jiang Chen held his phone and looked at the computer, "Isn't it a bit late to raise rates now? They still think of themselves as the Fed."
An important method the government uses to achieve macroeconomic regulation is interest rate hikes and cuts.
For example, previously affected by nuclear wastewater, Japan implemented a monetary quantitative easing policy, lowering loan interest rates. The original intention was to promote domestic economic development and help enterprises through difficult times, but the result was contrary to the expectation; the money leaving the banks quickly flowed into the thriving stock market.
And now with interest rate hikes, it's the same story.
