- Bank of Japan Governor, Haruhiko Kuroda: We will reduce the negative rate if needed
Market news
12 October 2016
Bank of Japan Governor, Haruhiko Kuroda: We will reduce the negative rate if needed
Today Governor of the Bank of Japan Haruhiko Kuroda said that currently negative rates are a major tool in the monetary policy of the Central Bank. Kuroda adress the readiness to lower negative rate if necessary, until the benefits of the policy outweigh its costs. In addition, stated that the purchase of government bonds will continue in the volume of about 80 trillion yen per year.
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