Bank of Japan's #BOJ


•The benefits of the Bank of Japan's negative interest rate policy are "very big" because it is encouraging corporate debt issuance and lowering mortgage rates, an adviser to Prime Minister Shinzo Abe said on Friday.
The policy has weighed on bank earnings in the short term, but it should be a benefit in the long term because negative rates can lead to more capital expenditure and boost consumer spending, Yasutoshi Nishimura said.

Reply · Report Post