What the BOJ Should Do in an Environment of Negative Interest Rates

What the BOJ Should Do in an Environment of Negative Interest Rates

photo: yossie_asym NIRP In January 2016, Japan’s central-bank governor, Haruhiko Kuroda, told parliament that he is not thinking of adopting a negative interest rate policy as he believed that the U.S economy was a testament that inflation could be achieved with low interest rates policy alone. Less than a month later, the Bank of Japan backtracked […]