19 Nov 2019
BOJ’s Kuroda: It's possible for BOJ to deepen negative rates beyond -0.1%.
In his speech before the parliament, the Bank of Japan (BOJ) Governor Kuroda further noted: “I never said BOJ can cut rates unlimitedly and that BOJ has unlimited ammunition to ease “.
Additional Comments:
Very few at BOJ believe BOJ cannot deepen negative rates beyond -0.1%.
It's possible for BOJ to deepen negative rates beyond -0.1%.