21 Oct 2016
BOJ’s Kuroda: Negative rate policy weighing on profit of fin. institutions - RTRS
BOJ Governor Kuroda is on the wires yet again, via Reuters, making comments on the bank’s monetary policy program.
Key Headlines:
Aim to hit 2% inflation target at earliest possible date
Doesn't see any big problem that could destabilize Japan's fin system
Negative rate policy is weighing on financial institutions profits
No sign of excessive risk taking or overheating in financial activity