Bank of Japan Governor Haruhiko Kuroda: there is no need for the implementation of negative deposit rates in Japan

Market news

7 December 2015

Bank of Japan Governor Haruhiko Kuroda: there is no need for the implementation of negative deposit rates in Japan

The Bank of Japan (BoJ) Governor Haruhiko Kuroda said on Monday that there is no need for the implementation of negative deposit rates in Japan.

"Our QQE has had an intended impact on the economy and financial markets," he said.

"We don't think we should implement negative deposit interest rates," Kuroda said.

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