BOJ to Keep Policy Easy After Ending Negative Rate, Ueda Says

02/09/2024 10:50
BOJ to Keep Policy Easy After Ending Negative Rate, Ueda Says

Financial conditions in Japan will remain easy for the time being even after the Bank of Japan puts an end to the world’s last negative rate regime, Governor Kazuo Ueda said.

Financial conditions in Japan will remain easy for the time being even after the Bank of Japan puts an end to the world’s last negative rate regime, Governor Kazuo Ueda said.

“Even if we end minus rates, the accommodative financial conditions will likely continue” based on the bank’s economic outlook, Ueda said in response to questions in parliament Friday.

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