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BOJ to Keep Policy Easy After Ending Negative Rate, Ueda Says

From bnnbloomberg.ca

Financial conditions in Japan will remain easy for the time being even after the Bank of Japan puts an end to the world’s last negative rate regime, Governor Kazuo Ueda said. “Even if we end minus rates, the accommodative financial conditions will likely continue” based on the bank’s economic outlook, Ueda said in response to questions in parliament Friday. Ueda’s comments were the latest by bank officials assuring market participants that any end to the negative rate wouldn’t herald a change in the bank’s basic policy stance. BOJ Deputy Governor Shinichi Uchida said Thursday that it’s hard to imagine the bank ... (full story)

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  • Category: Fundamental Analysis