Bank of Japan 🇯🇵 ENDS negative interest rates, raising the...

Bank of Japan 🇯🇵 ENDS negative interest rates, raising them for the first time in 17 years to 0.0-0.1%.
This marks the end of the last negative interest policy among developed nations.
Alongside, BOJ ends yield curve control & ETF purchases but will continue bond buying.
BOJ Governor Ueda said there was “still some distance” to inflation expectations fully reaching 2%, and that the BOJ will maintain an easy stance until the underlying price trend hits that level.
He also said risks of a bigger spike in prices could prompt it to raise rates further
Nikkei rises 0.7% above 40,000 & yen weakens slightly.