EconomyBank of Japan releases minutes from meeting that introduced negative rates 10 years ago
The Bank of Japan has released minutes from monetary policy meetings held in the first half of 2016, when it was continuing large-scale easing under Governor Kuroda. The meeting that introduced the unusual negative interest-rate policy was decided only after votes in favor narrowly exceeded those against. The record highlights how closely divided the decision was.
Bank of Japan releases minutes from meeting that introduced negative rates 10 years ago
Economy