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Bank of Japan: No Intention to Make Deposit Rate Negative

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 7, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    During a speech made today, the Bank of Japan’s Kuroda announced that there are currently no significant financial imbalances on Japanese markets. This shows that Kuroda has no intention of applying an aggressive loosening of monetary policy. The BoJ governor also hinted that in principle he doesn’t quite agree with the use of monetary policy in the fight against financial imbalances. The Bank is in no need of experiments with negative deposit rates to stimulate credit flows since the

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