"Bank of Japan's Potential Rate Hike and Market Impact"

Goldman Sachs now expects the Bank of Japan to raise interest rates for the first time in 17 years at its March meeting, citing stronger-than-expected salary gains and news reports of an exit from negative rates. The central bank's senior economist anticipates the abolition of its yield curve control policy and a potential end to its ultra-loose monetary policy, as signs point to robust wage negotiations and potential inflation. If the Bank of Japan proceeds with this move, it would mark the end of its long-standing monetary policy experimentation to combat deflation.