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BoJ Govenor Ueda Proposes As Chair Ending Negative Rates: NHK

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Bank of Japan Governor Ueda proposes lifting of negative interest rate policy

From www3.nhk.or.jp

The Bank of Japan is holding its second day of monetary policy decision-making meetings today, and Governor Ueda has just proposed a proposal for a major shift in monetary easing measures, such as lifting the negative interest rate policy, and has begun to summarize the discussion. We plan to announce the decisions made at the meeting soon, and if we end negative interest rates and raise interest rates, it will be the first time in 17 years. At today's second-day meeting, nine policy committee members, including Governor Ueda, are discussing the immediate direction of policy management. Governor Ueda, who is ... (full story)

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