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BoJ Goes Negative in Surprise Move

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jan 29, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Earlier this morning, the BoJ announced that it has lowered the interest rate on the current account to minus 0.1% with effect from 16 February. Importantly, the BoJ pledged to lower the rate further into negative territory if judged necessary. The QQE programme was left unchanged though following the December[​IMG]

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