Relevant:
- The Decline & Fall Of The Biggest Bond Market In The World Has Only One Inevitable Ending
- Kuroda Negative Rate Bazooka Fizzles on Overnight Lending Freeze
- Bank of Japan Sets Negative Interest Rate For First Time Ever
- BOJ Negative Rates Risk Destroying Loan Market as Freeze Deepens
- Doubts About Bank of Japan's Firepower Send Yen Sky High
2016-09-05 — reuters.com
Bank of Japan Governor Haruhiko Kuroda signaled his readiness to ease monetary policy further using existing or new tools, shrugging off growing market concerns that the bank is reaching its limits after an already massive stimulus program.
...
For the first time, Kuroda publicly acknowledged that negative rates could dampen public sentiment by hurting banks' profits and the rate of returns on pension investments.
But he said monetary policy has yet to reach its limit, stressing that the BOJ had room to deepen negative rates.
In related news, see Japan's Long Bonds Add to Worst Rout in Three Years as BOJ Looms.
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.
