Negative Rates Advocate Fujimaki Says BOJ's Kuroda Got It Wrong

Updated on
  • BOJ can't halt inflation once it takes hold, Fujimaki says
  • Says Japan should weaken yen to spur inflation, boost economy

Takeshi Fujimaki.

Photographer: Junko Kimura/Bloomberg

The Bank of Japan took a wrong turn by adopting negative interest rates this year, says Takeshi Fujimaki, the Japanese banker turned opposition lawmaker who first called for sub-zero yields two decades ago.

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