Negative rate policy having intended effects - BOJ Kuroda | Reuters

TOKYO Bank of Japan Governor Haruhiko Kuroda said on Thursday that the central bank's adoption of negative interest rates has been exerting its intended effects, which he said are expected to spread through the economy.

"It has already had effects on interest rates. I expect that positive effects will spread to capital expenditures and housing investment," Kuroda told a parliament session.

(Reporting by Tetsushi Kajimoto; Editing by Chang-Ran Kim)

This story has not been edited by Firstpost staff and is generated by auto-feed.


Updated Date: Feb 26, 2016 07:00 AM

Also Watch

Watch: The true stories from Dharavi that inspired Rajinikanth's Kaala
  • Thursday, March 8, 2018 Watch: Cyrus Khan talks about Parkour, jumping across walls and why he hates sitting
  • Thursday, May 31, 2018 Unwind: India's basketball sensation Amjyot Singh has his eyes set on becoming an NBA regular
  • Monday, May 28, 2018 First Day First Showsha — Review of Solo: A Star Wars Story in 10 questions
  • Saturday, May 19, 2018 Social Media Star: Rajkummar Rao and Bhuvan Bam open up about selfie culture, online trolls

Also See