BOJ Poised to Hike Rates, End Negative Rates as Inflation Hits Target
- BOJ expected to end negative interest rates at upcoming meeting, first rate hike since 2007
- Marks a turning point away from long-running monetary easing policy
- Inflation appears set to remain at 2% or higher, meeting BOJ's condition for policy change
- Big corporations and unions agreed to substantial wage hikes this year
- Comes as Bank of Japan moves toward normalizing policy amid rising wages
