Abe adviser Nishimura: BOJ’s negative rate policy is supporting corporate and household sector

Latest headline crossing the wires on the BOJ’s monetary policy is from the Japanese PM Abe’s adviser Nishimura, noting the pros and cons of the central bank’s negative interest rate policy.

Headlines via Reuters:

Benefits of BOJ's negative rate policy are "very big"

Negative rate policy is supporting corporate debt issuance and household sector

Negative rates hurt bank profits in short term but should benefit in long term by boosting capex, consumer spending