22 Dec 2016
Japan’s Aso: Environment for low interest rates likely to continue
Japanese Finance Minister Taro Aso informed markets that the Cabinet approved FY17 budget, FY16 third extra budget and assured that the environment for low interest rates is likely to continue.
Speculation is on the rise that BOJ may be forced to think about rate hikes in the next couple of years.
While talking about Yen, Aso said past 4 years were swayed by yen gains.