Japanese official, Fujii: Bank of Japan still needs to examine effects of negative rates

Market news

23 August 2016

Japanese official, Fujii: Bank of Japan still needs to examine effects of negative rates

BOJ still needs to examine effects of negative rates though.
Japan needs JPY 10trln fiscal stimulus in FY 2017 and FY 2018 to escape deflation and offset lack of demand in the economy.
it's important for the Bank of Japan to maintain current policy.

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