Business / Economy Jun 21, 2016

Some BOJ policymakers worried about negative rates, minutes show

Minutes from the Bank of Japan's April policy meeting showed some members expressed misgivings over its negative interest rate policy. "A few members argued that the negative interest rate policy would impair the functioning of financial markets and financial intermediation as well as stability of ...

BOJ's newest board member Sakurai to cement Kuroda's majority

Business Mar 23, 2016

BOJ's newest board member Sakurai to cement Kuroda's majority

The Diet approved Makoto Sakurai as a Bank of Japan board member Wednesday, a move expected to strengthen Gov. Haruhiko Kuroda's support on the board. Sakurai is an international finance researcher with ties to reflationalists such as Koichi Hamada, an adviser to Prime Minister Shinzo ...

Business Mar 18, 2016

Negative rates have helped global economy: IMF's Lagarde

The world economy would be worse off without negative interest rates, according to International Monetary Fund Managing Director Christine Lagarde. Negative rates in Europe and Japan have helped support global growth and price gains, she said in an interview in Ho Chi Minh City on ...