"BOJ Announces End to Negative Interest Rates and Yield Curve Control with Hike"

The Bank of Japan is expected to raise interest rates for the first time since 2007, ending its negative interest rates and cutting its yield curve control program, as markets have already priced in the changes following last week's strong wage data. Governor Kazuo Ueda and the board members are anticipated to raise rates from -0.1% to a range from zero to 0.1% during the policy meeting in Tokyo.