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BOJ likely to discuss exempting $90bln in short-term funds from negative interest rates

Discussion in 'Fundamental Analysis' started by ForexLive, Mar 13, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Reuters running with a story from sources close to the BOJ " Some in the BOJ are sympathetic to the request, which came from the Investment Trusts Association, the sources said, because a flow from investment to bank accounts would go against a push by PM Abe and the central bank to move more of Japan's immense savings out of deposits and government bonds and into more productive investments, to kick-start growth and defeat stubborn deflation.

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