Central Banks

Ueda Says BOJ to Keep Policy Easy in Post-Negative Rate Era

  • Comments are latest signal of policy continuity after exit
  • BOJ’s next policy board meeting concludes on March 19
Kazuo UedaPhotographer: Kiyoshi Ota/Bloomberg
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Financial conditions in Japan will remain easy for the time being even after the Bank of Japan puts an end to the world’s last negative rate regime, Governor Kazuo Ueda said.

“Even if we end minus rates, the accommodative financial conditions will likely continue” based on the bank’s economic outlook, Ueda said in response to questions in parliament Friday.