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
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