A person walks in front of an electronic stock board showing Japan’s Nikkei index at a securities firm Friday, Nov. 29, 2024, in Tokyo. A person walks in front of an electronic stock board showing Japan’s Nikkei, New York Dows and Shanhai indexes at a securities firm Friday, Nov. 29, 2024, in Tokyo. A person looks at an electronic stock board showing Japan’s Nikkei index at a securities firm Friday, Nov. 29, 2024, in Tokyo.
The central bank’s current policy rate is 0.25%. It only ended a long spell of negative rates in March on the presumption that Japan had largely achieved its 2% inflation target.cut its benchmark interest rate on Thursday to relieve pressure on its slowing economy. Australia’s S&P/ASX 200 edged 0.1% lower to 8,436.20.Chinese markets advanced. Hong Kong’s Hang Seng index gained over 1% in midday trading and increased by 0.1% to 19,389.12 in the afternoon.
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