Free Trial

MNI BRIEF: Accomm. Stance To Persist After Negative Rates-BOJ Aide

(MNI) Tokyo
(MNI) TOKYO

A senior Bank of Japan official said on Thursday that accommodative financial conditions will continue should the BOJ remove its negative interest rate policy.

Seiichi Shimizu, executive director in charge of monetary policy at the BOJ, told lawmakers the Bank's aim was to achieve the 2% price target in a stable and sustainable manner accompanied by wage hikes.

Keep reading...Show less
103 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

A senior Bank of Japan official said on Thursday that accommodative financial conditions will continue should the BOJ remove its negative interest rate policy.

Seiichi Shimizu, executive director in charge of monetary policy at the BOJ, told lawmakers the Bank's aim was to achieve the 2% price target in a stable and sustainable manner accompanied by wage hikes.

Keep reading...Show less