only useful for their own ministry of finance to the official reconstruction "borrowing" action.
Kuroda: Introduction of "Quantitative and Qualitative Monetary Easing with a Negative Interest Rate"
It is my great pleasure to have the opportunity today to speak at the Kisaragi-kai meeting. At the Monetary Policy Meeting held on January 29, the Bank of Japan decided to introduce "Quantitative and Qualitative Monetary Easing (QQE) with a Negative Interest Rate" in order to achieve the price stability target of 2 percent at the earliest possible time. Today, I will first explain the Bank's recognition of and prospects for economic activity and prices in Japan, and then elaborate on the background to the policy decision made this time around. I. Economic Activity in Japan First, I would like to talk about economic ... (full story)