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BOJ’s Kuroda – Negative rates does not signal a limit to QQE

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Feb 24, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    Bank of Japan (BOJ) governor Kuroda was on the wires stating the adoption of a negative rates strategy does not signal the limit to QQE program.

    Markets have been speculating that expansion of the QQE program is no longer possible; hence bank resorted to the negative rates strategy.

    Key quotes

    Lending rates clearly falling, expect this to filter through economy

    Government to continue to take steps toward fiscal discipline
    For more information, read our latest forex news.

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