BOJ stuns markets with negative interest rate surprise
The Bank of Japan unexpectedly cut a benchmark interest rate below zero on Friday, stunning investors with another bold move to revive the economy as volatile markets and slowing global growth threaten its efforts to beat deflation.
Jan 29, 2016, 15:30 PM IST
Cheaper tomorrow? Bank of Japan battles entrenched ''deflation mindset''
Bank of Japan Governor Haruhiko Kuroda does not need to convince Japanese people like Kazue Shibata that deflation brings problems, but getting them to believe that higher prices will make things better is proving to be a harder sell.
Nov 03, 2014, 11:44 AM IST
BoJ chief sticks his neck out, pressures Japanese PM Abe for action
The stakes are high. Abe`s "growth strategy" is expected to be unveiled around June 27.
Jun 16, 2014, 09:40 AM IST
