{"id":161063,"date":"2024-03-22T14:15:33","date_gmt":"2024-03-22T05:15:33","guid":{"rendered":"https:\/\/www.fukuoka-now.com\/?post_type=news&#038;p=161063&#038;lang=en"},"modified":"2024-03-22T14:15:33","modified_gmt":"2024-03-22T05:15:33","slug":"end-of-negative-rates-boj-fukuoka-eyes-sustained-regional-growth","status":"publish","type":"news","link":"https:\/\/www.fukuoka-now.com\/en\/news\/end-of-negative-rates-boj-fukuoka-eyes-sustained-regional-growth\/","title":{"rendered":"End of Negative Rates: BoJ Fukuoka Eyes Sustained Regional Growth"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Shinsuke Oyama, the Bank of Japan&#8217;s Fukuoka Branch Manager, highlighted the central bank&#8217;s ongoing commitment to maintaining a supportive financial environment in Kyushu and Okinawa. This follows the BoJ&#8217;s decision to end its long-standing negative interest rate policy and implement an interest rate hike for the first time in 17 years. He explained that the policy adjustment was a response to the positive outlook on sustained and stable increases in wages and prices. Despite some economic challenges, including weak personal consumption and exports, he stated the regional economy is gradually recovering and emphasized the central bank&#8217;s role in supporting this upturn through its monetary policy. <b>Source: <\/b><a href=\"https:\/\/www3.boj.or.jp\/fukuoka\/getsurei\/2024\/202403.pdf\" rel=\"noopener\" target=\"_blank\">Bank of Japan Fukuoka Branch<\/a> \/ <a href=\"https:\/\/www3.nhk.or.jp\/fukuoka-news\/20240321\/5010023786.html\" rel=\"noopener\" target=\"_blank\">NHK<\/a><\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/www.fukuoka-now.com\/wp-content\/uploads\/2024\/03\/fnn_tenjin-city-photo_2024_WEB.jpeg?resize=1280%2C960&#038;ssl=1\" alt=\"End of Negative Rates: BoJ Fukuoka Eyes Sustained Regional Growth\" width=\"1280\" height=\"960\" class=\"alignnone size-full wp-image-161057\" srcset=\"https:\/\/i0.wp.com\/www.fukuoka-now.com\/wp-content\/uploads\/2024\/03\/fnn_tenjin-city-photo_2024_WEB.jpeg?w=1280&amp;ssl=1 1280w, https:\/\/i0.wp.com\/www.fukuoka-now.com\/wp-content\/uploads\/2024\/03\/fnn_tenjin-city-photo_2024_WEB.jpeg?resize=300%2C225&amp;ssl=1 300w, https:\/\/i0.wp.com\/www.fukuoka-now.com\/wp-content\/uploads\/2024\/03\/fnn_tenjin-city-photo_2024_WEB.jpeg?resize=1024%2C768&amp;ssl=1 1024w, https:\/\/i0.wp.com\/www.fukuoka-now.com\/wp-content\/uploads\/2024\/03\/fnn_tenjin-city-photo_2024_WEB.jpeg?resize=768%2C576&amp;ssl=1 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/p>\n<p>Stay informed with the latest Fukuoka &#038; Kyushu news and events in English. Sign up for our <a href=https:\/\/www.fukuoka-now.com\/en\/mailmagazine\/>free weekly newsletter<\/a> today and never miss a beat. Opt out anytime, your privacy is our priority. Get the inside scoop with <a href=https:\/\/www.fukuoka-now.com\/en\/mailmagazine\/>The Now<\/a><\/p>\n<p>Summaries based on public content, errors may occur during translation. Images credited independently. Send feedback using <a href=https:\/\/www.fukuoka-now.com\/en\/contact\/>this <b>form<\/b>.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shinsuke Oyama, the Bank of Japan&#8217;s Fukuoka Branch Manager, highlighted the central bank&#8217;s ongoing commitment to maintaining a supportive financial environment in Kyushu and Okinawa. This follows the&#8230;<\/p>\n","protected":false},"author":30040,"featured_media":161061,"comment_status":"closed","ping_status":"closed","template":"","tags":[],"class_list":["post-161063","news","type-news","status-publish","has-post-thumbnail","hentry","location-kyushu","news-category-business","en-US"],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/news\/161063","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/types\/news"}],"author":[{"embeddable":true,"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/users\/30040"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/comments?post=161063"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/media\/161061"}],"wp:attachment":[{"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/media?parent=161063"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/tags?post=161063"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}