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Former BOJ board member: Bank may scrap negative interest rates by the end of this year

Former BOJ board member: Bank may scrap negative interest rates by the end of this year
ICYMI, former Bank of Japan policy board member Makoto Sakurai spoke in an interview, saying the Bank may scrap negative interest rates by the end of this year to adjust the currently excessive level of monetary easing.Via a Bloomberg report (gated):“They could do it at any time and it won’t be a surprise, given the current economic recovery”, and that under the (relatively) new Governor Ueda “the BOJ has appeared cautious, but they have steadily taken policy actions at a faster pace than expect... Read More
Posted: Oct 18 2023, 23:21
Author Name: forexlive
Views: 082371

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