You are here

Ex-BOJ official: interest rates should go deeper into negative turf

38074940 - 15_04_2016 - JAPAN-ECONOMY-BOJ-STOCKS_.jpg
The Bank of Japan (BOJ) needs to venture much deeper into negative interest rate territory, a former deputy governor of the central bank said on Thursday, as markets sent Tokyo stocks sharply higher and the yen lower in anticipation of fresh easing action next week.

Tokyo

THE Bank of Japan (BOJ) needs to venture much deeper into negative interest rate territory, a former deputy governor of the central bank said on Thursday, as markets sent Tokyo stocks sharply higher and the yen lower in anticipation of fresh easing action next week.

Kazumasa