BoJ to delve deeper into negative interest rates

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Sharecast News | 13 Sep, 2016

Updated : 20:45

Rate-setters at the Bank of Japan would pledge to delve deeper into negative interest rates when they met to decide on policy on 21 December.

That would the main conclusion of its comprehensive assessment of monetary policy, Nikkei reported.

BoJ Governor Haruhiko Kuroda and his deputy governors were now unanimous on that point and were expected to gain support from the majority of the other policy board members, according to the newswire.

As of 2044 BST dollar/yen was 0.8% higher to 102.66.

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