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Bank of Japan rate goes sub-zero

Pedestrians walk past a foreign currency indicator board in Tokyo
Pedestrians walk past a foreign currency indicator board in Tokyo Source: AAP

The Bank of Japan took one of its main interest rates into negative territory, its boldest step yet to re-inflate the economy. Assistant Professor Wenrui Zhang of Hong Kong Chinese University analises its impact.


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By dong

Source: SBS



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The Bank of Japan took one of its main interest rates into negative territory, its boldest step yet to re-inflate the economy. Assistant Professor Wenrui Zhang of Hong Kong Chinese University analises its impact.



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